Sheremetyevo maintains growth in the middle of stagnation

Sheremetyevo continues to demonstrate traffic growth (Photo by Leonid Faerberg / transport-photo.com) Sheremetyevo continues to demonstrate traffic growth (Photo by Leonid Faerberg / transport-photo.com)

The upward trend set by Sheremetyevo in the previous months, continued in September. The largest among three Moscow’s airports by passenger traffic, Sheremetyevo maintained its growth rate, whereas the other two airports – Domodedovo and Vnukovo – continued to lose traffic, albeit at a slower rate, according to statistics posted by Russia’s Federal Air Transport Agency.

In January through September, Sheremetyevo (a base airport for Russia’s largest airline Aeroflot) handled 25.249 million passengers, up 5.9% year-on-year. No details on the share of domestic and international traffic have been revealed by FATA, and Sheremetyevo itself has not published its September report yet.

The growth rate remains roughly the same throughout the last nine months – from January to August the traffic grew an average of 5.6% YoY.

Domodedovo’s traffic continues to decline. From January to September it shrank by 8.7% to 22.202 million passengers. The airport reported it handled 13 million domestic passengers  (roughly the same number as for the same period last year), but the international traffic at the same time decreased 18.4% YoY, to 9.2 million passengers. In the first eight months of this year Domodedovo’s traffic has been decreasing with an average rate of 9.2%.

Vnukovo’s traffic in the meantime has been declining with a double-digit average rate. From January to September the traffic dropped  by 19.9%, down to 10.462 million passengers. In the first eight months the decline rate was 21.5%.

Cumulative traffic of Moscow’s three airports in the first nine months of 2016 declined by 5.4% to 57,913 million passengers.

The turnaround in passenger traffic trend is expected anywhere between 2017 and 2019, along with the market revitalization. Vnukovo expects to serve 16.5million passengers next year, an approximately 20% YoY growth, forecasts the airport’s chairman Vitaliy Vantsev cited by the Vedomosti daily. He sees growth opportunities in the growth of Vnukovo’s base airlines – Utair, Rossiya (which relocated its operations to Vnukovo recently) and Pobeda. He is also optimistic about the impact of the re-opened charter connection with Turkey and the expected re-launch of charters to Egypt, on next year’s operational results.

Domodedovo’s forecasts are more moderate. The airport’s spokesperson told Vedomosti that the airport expects to reach pre-crisis traffic levels no earlier than 2018. Still, to beat its own record of 2014, the airport will have to grow at a 20% rate in the next two years.

Sheremetyevo, on the contrary, is confident of reaching the record numbers already this year. The forecast for this year shows a 7% YoY growth to 2015 results.

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