Pulkovo Airport

Armenian investment fund Balchug Capital confirms acquisition of two landmark commercial real estate assets

Retrieved on:

Monday, July 3, 2023

EKE, Pulkovo Airport, Acquisition, International law, Cryptocurrency, Metropolis

YEREVAN, Armenia, July 03, 2023 (GLOBE NEWSWIRE) -- The Armenian investment fund Balchug Capital has confirmed the acquisition of two landmark commercial real estate assets in Russia.

Key Points:

YEREVAN, Armenia, July 03, 2023 (GLOBE NEWSWIRE) -- The Armenian investment fund Balchug Capital has confirmed the acquisition of two landmark commercial real estate assets in Russia.
Both acquisitions were made by international investors who were divesting from Russia and were entirely legal under local and international law.
David Amaryan, founder and CEO of Balchug Capital, said: “Many international investors who hold Russian assets and must divest from them face significant difficulties in doing so.
We are building a portfolio of the highest quality commercial real estate assets and plan to grow our assets to $3 billion by the end of the year.”

Fraport Group Interim Report - First Half 2022: Revenue Boosted by Rising Passenger Traffic

Retrieved on:

Tuesday, August 9, 2022

FRANKFURT, Germany, Aug. 9, 2022 /PRNewswire/ --FRA/gk-rap – Following the widespread lifting of pandemic-related travel restrictions, the airports across the Fraport Group recorded a strong rebound in passenger traffic. Some of Fraport's Greek airports serving holiday destinations – including Rhodes, Santorini and Kerkyra on the island of Corfu – even exceeded 2019 pre-crisis passenger levels during the first six months of 2022. Supported by the overall rise in travel demand, Fraport's Group revenue rose by 66.3 percent to €1,348.5 million in the January-to-June period of the current business year 2022.

Key Points:

Supported by dynamic passenger growth, Fraport's Group revenue increased noticeably by 66.3 percent to 1,348.5 million.
Adjusted for revenue from construction and expansion measures at Fraport's subsidiaries worldwide (in line with IFRIC 12), Group revenue grew by 67.7 percent to 1,211.8 million.
After conclusion of the first half of 2022, Fraport's executive board is revising the full-year passenger outlook for Frankfurt Airport upwards.
In fiscal year 2021 (Dec. 31), Fraport AG generated revenue of 2.1 billion and profit of some 92 million.

Fraport Group Interim Report - First Half 2022: Revenue Boosted by Rising Passenger Traffic

Retrieved on:

Tuesday, August 9, 2022

FRANKFURT, Germany, Aug. 9, 2022 /PRNewswire/ --FRA/gk-rap – Following the widespread lifting of pandemic-related travel restrictions, the airports across the Fraport Group recorded a strong rebound in passenger traffic. Some of Fraport's Greek airports serving holiday destinations – including Rhodes, Santorini and Kerkyra on the island of Corfu – even exceeded 2019 pre-crisis passenger levels during the first six months of 2022. Supported by the overall rise in travel demand, Fraport's Group revenue rose by 66.3 percent to €1,348.5 million in the January-to-June period of the current business year 2022.

Key Points:

Supported by dynamic passenger growth, Fraport's Group revenue increased noticeably by 66.3 percent to 1,348.5 million.
Adjusted for revenue from construction and expansion measures at Fraport's subsidiaries worldwide (in line with IFRIC 12), Group revenue grew by 67.7 percent to 1,211.8 million.
After conclusion of the first half of 2022, Fraport's executive board is revising the full-year passenger outlook for Frankfurt Airport upwards.
In fiscal year 2021 (Dec. 31), Fraport AG generated revenue of 2.1 billion and profit of some 92 million.

Fraport Fiscal Year 2021: Revenue and Profit Boosted by Higher Passenger Demand and Strict Cost Reductions

Retrieved on:

Tuesday, March 15, 2022

The Group result (net profit) moved clearly back into positive territory, reaching 91.8 million at year-end 2021 (2019: minus 690.4 million).

Key Points:

The Group result (net profit) moved clearly back into positive territory, reaching 91.8 million at year-end 2021 (2019: minus 690.4 million).
Global travel restrictions still dampened passenger demand in the beginning months of 2021.
Despite the lack of belly capacity on passenger aircraft, FRA even hit a new record for cargo traffic in fiscal 2021.
In fiscal year 2021 (Dec. 31), Fraport AG generated revenue of 2.1 billion and profit of some 92 million.

Fraport Fiscal Year 2021: Revenue and Profit Boosted by Higher Passenger Demand and Strict Cost Reductions

Retrieved on:

Tuesday, March 15, 2022

FRANKFURT, Germany, March 15, 2022 /PRNewswire/ -- FRA/gk-rap – The Covid-19 pandemic continued to impact Fraport AG's financial performance in fiscal year 2021 (ended Dec. 31). Nevertheless, Fraport increased its revenue and operating result (EBITDA) year-on-year, despite the ongoing volatile market environment. This positive trend was mainly supported by the company's strict cost management and by the ongoing traffic recovery during the second half of 2021 – in Frankfurt, and particularly at the Group's airports worldwide. The Group result (net profit) moved clearly back into positive territory, reaching €91.8 million at year-end 2021 (2019: minus €690.4 million).

Key Points:

The Group result (net profit) moved clearly back into positive territory, reaching 91.8 million at year-end 2021 (2019: minus 690.4 million).
Global travel restrictions still dampened passenger demand in the beginning months of 2021.
Despite the lack of belly capacity on passenger aircraft, FRA even hit a new record for cargo traffic in fiscal 2021.
In fiscal year 2021 (Dec. 31), Fraport AG generated revenue of 2.1 billion and profit of some 92 million.

Aeroflot Launches International Flights from the Newest Terminal C at Sheremetyevo International Airport

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Friday, July 23, 2021

Aviation, Former Aeroflot divisions, Khimki, Sheremetyevo International Airport, Airlines, Human activities, Novaport, Aeroflot, Vladivostok Air, Pulkovo Airport

MOSCOW, July 23, 2021 /PRNewswire/ --Aeroflot began full operation of its international flights today from Terminal C at Sheremetyevo International Airport.

Key Points:

MOSCOW, July 23, 2021 /PRNewswire/ --Aeroflot began full operation of its international flights today from Terminal C at Sheremetyevo International Airport.
Aeroflot's decision to begin flights from the new Terminal C was driven by the increasing need for terminal capacity due to passenger demand and the start of flights to several countries.
Today we resume international flights from the modern Terminal C. It's nice that we can afford these important and large-scale projects and compete with the global airports in Europe, America and Asia."
The beginning of flights from Terminal C is a new stage in the history of long-term cooperation of our airline with Sheremetyevo International Airport."

Fraport Traffic Figures - July 2018: Growth Continues Unabated

Retrieved on:

Monday, August 13, 2018

Transport in Frankfurt, States of Germany, Pulkovo Airport, Hesse, Frankfurt Airport, Fraport, Frankfurt, Transport in Europe, Zakynthos International Airport

During the January-to-July-period, FRA achieved accumulated passenger growth of 8.8 percent, with European traffic remaining the main growth driver.

Key Points:

During the January-to-July-period, FRA achieved accumulated passenger growth of 8.8 percent, with European traffic remaining the main growth driver.
The 14 Greek regional airports achieved a 7.2 percent increase in combined traffic to about 5.4 million passengers.
Traffic at Pulkovo Airport (LED) in St. Petersburg, Russia, rose by 9.7 percent to about 2.1 million passengers.
Print-quality photos of Fraport AG and Frankfurt Airport are available for free downloading via the photo library on the Fraport Web site .

Fraport Traffic Figures - July 2018: Growth Continues Unabated

Retrieved on:

Monday, August 13, 2018

Transport in Frankfurt, States of Germany, Pulkovo Airport, Hesse, Frankfurt Airport, Fraport, Frankfurt, Transport in Europe, Zakynthos International Airport

During the January-to-July-period, FRA achieved accumulated passenger growth of 8.8 percent, with European traffic remaining the main growth driver.

Key Points:

During the January-to-July-period, FRA achieved accumulated passenger growth of 8.8 percent, with European traffic remaining the main growth driver.
The 14 Greek regional airports achieved a 7.2 percent increase in combined traffic to about 5.4 million passengers.
Traffic at Pulkovo Airport (LED) in St. Petersburg, Russia, rose by 9.7 percent to about 2.1 million passengers.
Print-quality photos of Fraport AG and Frankfurt Airport are available for free downloading via the photo library on the Fraport Web site .