Business news from Ukraine

SIKORSKY KYIV INTERNATIONAL AIRPORT KYIV WANTS TO INVEST UAH 500 MLN IN EXPANSION

17 May , 2018  

The Sikorsky Kyiv international airport (Zhuliany) seeks to invest UAH 500 million to expand Terminal A in 2018-2019, Board Chairman Denys Kostrzhevsky has said.
“This year capital investment in the amount of some UAH 500 million will be sent to expand Terminal A. We plan to commission the terminal before May 2019,” he said in an exclusive interview with Interfax-Ukraine.
Kostrzhevsky also recalled that in 2017, Master-Avia managing company built a new apron with an area of 25,000 square meters in the airport.
He said that Master-Avia conducted the thorough analysis and designed a project on reconstruction of the runway of the airport, enlarging it by 600 meters. The runway would be able to service aircraft of Airbus А321 and Boeing 737-900 type.
“We need to settle the legal and technical issues: to finish the allocation of a land parcel for the airport and the extension of the runway in the conditions of the rough terrain. This is difficult to do, but the project includes these works and it is likely that it would be done. The approximate cost of this reconstruction is EUR 84 million. The airport asked the Kyiv City Administration to provide the required sum or start the process of attracting an investor,” Kostrzhevsky said.
He also said that be believes it logical to reconstruct the runway of the airport using budget funds.
“The state or the city is interested in the airport being developed and operating. If the decision on the public private partnership is made, it would depend on the proposal of officials if Master-Avia participates in it or not,” he said.
Kyiv International Airport (Zhuliany) is located in the business center of the capital, seven km from the city center. It is the second largest airport in Ukraine in terms of the number of flights and passenger traffic.
The airport has three terminals with a total area is 21,000 square meters. Terminal B is separate facility for business-class service, it is part of the Fixed Base Operator (FBO) system. The airport’s runway is able to handle B-737 and A-320 aircraft.

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