Vnukovo Airport

Performance indicators

2023

Growth of net profit 5 times to 1.7 billion rubles

At the end of 2023, Vnukovo Airport earned 10.2 billion rubles in revenue, which is 15% more than a year earlier. The company's net profit during this time rose 5 times and reached 1.7 billion rubles. Such data in accordance with Russian accounting standards (RAS) JSC Vnukovo International Airport published in the statements published in mid-April 2024.

According to the Interfax agency with reference to the company's materials, its aviation revenues (fees for take-off and landing, use of the terminal, etc.) at the end of 2023 reached 5.96 billion rubles, revenues from renting out premises - 3.5 billion rubles. The cost of sales in 2023 decreased by 3%, to 7.4 billion rubles.

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Vnukovo's long-term liabilities as of the end of December 2023 amounted to 6.2 billion rubles, a decrease of 16% compared to the previous year. The borrowed funds, among other things, accounted for 4.9 billion rubles (-18% compared to the end of 2022). Short-term liabilities in 2023 increased to 4.8 billion rubles (+ 35%): payables - up to 3.2 billion rubles (+ 84%), borrowed funds - up to 1.08 billion rubles (+ 9%).

By the end of 2023, Sberbank remained Vnukovo's largest creditor. The amount of principal debt owed to him at the end of the reporting period amounted to 5.9 billion rubles against 6.9 billion rubles by the end of 2022. It is required to repay it, as before, in 2027.

In 2023, Vnukovo Airport announced the payment of dividends for 2022 in the amount of 90.65 million rubles, as well as the payment from the retained earnings of previous years, accumulated in the amount of almost 5 billion rubles. By the end of 2023, 3.8 billion rubles were actually paid, the company said in a report.^[1]

Decrease in passenger traffic by 11% to 14.5 million people

In 2023, the passenger traffic of Vnukovo airport amounted to 14.5 million people against 16.4 million a year earlier (a decrease of 11%). This is evidenced by the data of the Federal Air Transport Agency, published at the end of January 2024.

According to Interfax, citing materials from the department, in 2023 Vnukovo took fourth place in the ranking of the largest airports in Russia in terms of the number of passengers transported after Sheremetyevo (36.3 million passengers), Pulkovo (20.4 million people) and Domodedovo (19.9 million).

source = Vnukovo

According to the Federal Air Transport Agency, domestic transportation through Vnukovo Airport in 2023 decreased by 36% compared to 2022, to 6.6 million people. At the same time, foreign transportation, on the contrary, increased by 30%, to 7.9 million passengers, the news agency notes.

A significant reduction in passenger traffic "Vnukovo" in 2023 was previously predicted by the co-owner of the airport Vitaly Vantsev. The airport will miss about 3 million people due to the transfer of half of Pobeda's flights to Sheremetyevo, he said in an interview with RBC in July 2023.

Vnukovo and other Moscow airports in 2023 were forced to suspend work for "airport-independent reasons," including the carpet plan. Since the summer of 2023, airports have repeatedly introduced various restrictions during attacks by Ukrainian unmanned aerial vehicles (UAVs) on the capital region. Sources Sheets"" note that unscheduled airport closures have a stronger effect on airlines than on the air harbors themselves. For them, based at closing Moscow airports, unscheduled costs increase many times due to the presence of connections and the transfer of several flights at once.^[2]

2022: 6.2-fold profit cut

The revenue of Vnukovo International Airport JSC in 2022 amounted to 8.9 billion rubles, which almost exactly corresponds to the indicator of a year ago. Net profit during this time decreased by 6.2 times - from 2.3 billion to 362.4 million rubles. Such data were released by the company in May 2023.

According to Interfax, citing Vnukovo documents, the cost of airport sales in 2022 reached 7.6 billion rubles, an increase of 7.8% compared to 2021. Long-term obligations of the Moscow air harbor at the end of 2022 were measured at 7.3 billion rubles (-9.8%), including borrowed funds - 5.9 billion rubles (-14.1%). Short-term liabilities for the year increased to 3.6 billion rubles (+ 5.7%): payables - up to 1.8 billion rubles (+ 41.4%), borrowed funds - up to 998 million rubles (+ 7.1%).

Vnukovo Airport

By the end of 2022, Sberbank remained Vnukovo's largest creditor. The amount of principal debt owed to him at the end of the reporting period amounted to 6.9 billion rubles. The company did not pay dividends.

Vnukovo did not report passenger traffic for 2022. In July 2022, management expected a drop in the indicator by 22-28% compared to 2021, when 18 million people were served. Thus, by the end of 2022, the airport expected service to about 13-14 million passengers. The largest contribution to the total passenger traffic of the airport is made by Pobeda, UTair and Turkish Airlines - only about 70%, said Anton Kuznetsov, deputy general director for commerce at Vnukovo in July 2022.

The agency recalls that in 2020 Vnukovo received a net loss of 308 million rubles due to limited passenger traffic amid the development of the COVID-19 coronavirus pandemic. In pre-crisis 2019, the airport had a profit of 779 million rubles.^[3]

History

2023

Dmitry Erzakovich's appointments as CEO

On November 8, 2023, Dmitry Erzakovich was appointed new General Director of Vnukovo International Airport JSC instead of Dmitry Saprykin, who resigned due to the expiration of the contract. Read more here.

Giant queues due to IT baggage handling failure

On October 9, 2023, a failure in the IT baggage handling system led to giant queues at Vnukovo Airport. The problem was fixed in a few hours.

According to the Aviatorshchina Telegram channel, at about 5:00 Moscow time on October 9, 2023, luggage tapes on all registration islands completely stopped in Vnukovo. As a result, passengers from all airlines could not return their luggage normally.

Failure in IT baggage handling system led to giant queues at Vnukovo airport

According to the Telegram channel SHOT, employees of the air harbor advised people to attribute things to the oversized baggage reception desk. But in the end, many people also gathered there. In connection with the incident, there were delays in flights. The airport administration urgently began to look for the causes of the failure. While it was being eliminated, luggage was taken and hand-decorated.

To hand over their suitcase, people had to stand for several hours. One of the passengers, in a conversation with Vesti, said that she had time for her flight, but he took off with a serious delay.

We were warned that the luggage would arrive late. I have the next flight, I have no idea if they will have time or not, "she said.

At Vnukovo International Airport, short-term technical problems were recorded in the baggage handling system. At the moment, the malfunctions have been eliminated. Vnukovo Airport is operating normally, - said the press service of Vnukovo on October 9, 2023 at about 11:00 Moscow time.

Later, the press service of the Moscow Interregional Transport Prosecutor's Office reported that the prosecutor's office had organized an inspection in connection with a technical failure of the baggage handling system at the airport.

According to the results of verification measures and if there are grounds, prosecutor's response measures will be taken, "said Camilla Bizhanova, senior assistant to the Moscow Interregional Transport Prosecutor.[4]

2022: Leaving the top three in Russia (18 million passengers)

Passenger traffic at Pulkovo Airport in 2021 amounted to 18.1 million people, which is 8% less than a year earlier. Despite this decline, the St. Petersburg air harbor for the first time since 2014 entered the top three largest airports in Russia, ahead of Vnukovo, which in 2021 served 18 million passengers. Read more here.

2019: Cancellation of electronic registration for passengers

On December 10, 2019, Vnukovo Airport stopped accepting electronic boarding passes. Thus, passengers need to print the boarding pass after online check-in or get it at the airport at the check-in counters.

The fact that Vnukovo no longer accepts electronic boarding passes saved on a mobile device was reported by Pobeda Airlines, which flies from this airport to 33 Russian and 23 foreign cities.

from December 10, Vnukovo registers passengers only with printed boarding passes

Electronic boarding passes on domestic flights to Vnukovo began to be accepted from June 1, 2019. The reason for the refusal of them in the press service "Vnukovo" and "Victory" by December 10, 2019 did not comment.

In an interview with RBC, the head of Victory Andrei Kalmykov said that the air carrier appealed to the Ministry of Transport with a proposal to exclude from the federal aviation rules the obligation of airlines to include in the tariff the costs of registering passengers at the airport.

Now, even if the customer registers online, we still pay the airport for this service, which is not actually used. And these costs, of course, are included in the ticket price, - said Kalmykov.

An electronic boarding pass allows a passenger to enter the clean area of ​ ​ the airport and into the cabin of the aircraft. When passing the control, the screen of the device with the open barcode contained in the coupon is applied to the scanner and then presented to the agent on landing. The barcode pass contains the passenger's last name and initials, flight number, departure date, boarding end time, boarding exit number and boarding seat number on board the aircraft. If necessary, other information can be indicated.

Russian airports have received the opportunity to let passengers into the plane on electronic boarding passes since February 24, 2019.^[5]

2011: Association with Sheremetyevo

Sheremetyevo and Vnukovo airports will be combined into a single complex. This was announced on March 28, 2011 by Russian Prime Minister Vladimir Putin at a meeting on the development of the Moscow aviation hub^[6].

"We agreed that we will unite Sheremetyevo and Vnukovo airports into a single complex," the head of the Russian government said, adding that investments in the newly created single complex will amount to tens of billions of rubles.

At the same time, V. Putin stressed that in the future the complex will be privatized. "I want to note right away: the state has no goal to sit in these assets forever. This step is aimed at creating a single complex, equipping it and then bringing it to the market at the appropriate market price and privatizing it, "the Prime Minister said.

Earlier it was just about an alliance between two Moscow airports. As the Russian press reported in November last year, Sheremetyevo and Vnukovo prepared a memorandum of cooperation, promising to support each other during the reconstruction. According to the terms of the alliance being created, airlines will be able to move from Vnukovo to Sheremetyevo and vice versa without changing the terms of service.

1959

At Vnukovo Airport, 1959

1958

Command and control center of Vnukovo airport, 1958

1946

Vnukovo Airport 1946.

Notes