Doubts persist as Alfa takes the reins at Sheremetyevo

3-Feb-2004

RUSSIA. Multi-industry conglomerate Alfa is to invest up to $2bn in Moscow Sheremetyevo airport after outbidding a consortium including Russian airline Aeroflot and French airport authority Aéroports de Paris for the three-year contract.

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The news?which broke as DFNI went to press?will be welcomed by Aer Rianta International, principal stakeholder in the airport's Aerofirst (Moscow Duty Free) joint venture, which has repeatedly argued that

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(4-Jun-2004) - Alfa must join forces with Russian state-owned carrier Aeroflot to discuss plans for the airport before its management bid is approved
(6-Feb-2007) - The Russian airline and manager of the new Moscow Sheremetyevo terminal three has published a request for qualification for duty-free opportunities at the new facility