Kubinka Airport sold once again

Kubinka airport sold once again Photo by Fyodor Borisov / transport-photo.com

Kubinka Airport, located 60 km west of Moscow, has been sold. The previous owner—Cypriot-owned Nafta Moskva, Ltd.—sold the former military aerodrome to an unnamed buyer, a closed mutual fund affiliated with the investment company Region, Deputy Director for Region Anatoly Khodorovsky told Russian Aviation Insider.

No details of the transaction have been disclosed, except the fact that Region will not be managing the airport directly; according to Khodorovsky, Region is not connected with the airport management company and will only take part in elaborating strategic decisions.

The now-former owner of Kubinka, offshore investment corporation Nafta Moskva, acquired the airport in 2010 for seven million dollars in an auction conducted by the Russian Defense Ministry. At the time it announced plans to build a business aviation center on the airport’s premises that could be used by the company’s corporate aviation department as well as by third parties. One condition of the transaction with Nafta Moskva was that the investor would preserve the pilot training center as well as the two aerobatic teams—Strizhi (Swifts) and the Russian Knights—that are based at the airport.

The new owner will likely continue with the plans of developing the business aviation center for private and corporate operators, similar to the case at Ostafyevo Airport, home to Gazprom’s corporate fleet and a naval aviation squadron.

Kubinka Airport has one 2500 m by 79 m runway.

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