‘Given the experience of other Russian airports, the decision of Koltsovo Airport management to stop reconstruction due to lack of money is not very justified. The airport executives say that they ran out of money after they had been made to reduce their fuel prices. Yet a project as large as this cannot be financed through just one source of income: it is too costly to be covered by fuel prices alone. Domodedovo and Sheremetyevo airports, for example, have successfully attracted some investments in the past,’ Deputy GD for External Relations of Ural Airlines Alexei Fomin said to UrBC representative.

The airport decided to stop putting up a new terminal and a business hotel. The executives also declared that they couldn’t afford to renew their equipment fleet at the moment, again due to the fuel growing cheaper.