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Aerofirst faces heavy losses as BA relocatesAerofirst faces heavy losses as BA relocates
1-Mar-2003
By Gavin LipsithRUSSIA. British Airways (BA) is to transfer its flights from Moscow Sheremetyevo in favour of nearby Domodedovo airport from July 1, a move that could have far-reaching consequences for duty-free joint venture Aerofirst.
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?RUSSIA. British Airways (BA) is to transfer its flights from Moscow Sheremetyevo in favour of nearby Domodedovo airport from July 1, a move that could have far-reaching consequences for duty-free........
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(4-Nov-2003) - By Gavin LipsithRUSSIA. In a move that redraws the duty-free map at Moscow?s airports, Aer Rianta International (ARI) and a local partner have won a five-year contract for new spaces at Domodedovo airport.
(1-Sep-2002) - RUSSIA. Aerofirst has won an eight-year extension to its Moscow Duty Free contract at Moscow Sheremetyevo 2 airport. The joint-venture company is owned by Aer Rianta International (ARI), state carrier Aeroflot and Sheremetyevo airport authority. ARI holds a 33.3% stake in Moscow Duty Free, but the extended contract will give the Irish company greater control over retail at the location.
(28-Sep-2002) - The Aerofirst joint venture that includes Aer Rianta International, Aeroflot and Sheremetyevo airport authority has won an eight-year extension to its duty-free contract at Moscow Sheremetyevo 2
(6-Jun-2001) -
(7-Dec-2002) - Sheremetyevo airport authority has appointed a new director general, and is expected to announce further changes to its management in the next few weeks