newstodate.aero
OCT 11, 2004 (newstodate): The Russian government takes an ambiguous stand on the issue of liberalisation in the aviation industry.
Only three weeks after the government lifted Aeroflot off the list of companies to go public, it is now reportedly considering preparing for liberalisation of airports.
Formerly considered installations of strategic importance, the costs of maintaining and developing airports are now so high as to force the government to considering the option of privatisation.
-It is necessary to prepare legal grounds for transferring federal assets that cannot be privatized, to airport owners, making them responsible for maintaining and modernizing those assets, Russian minister of transport, Igor Levitin told Russian press.
A liberalisation of Russia's airports would require passing a new law, the draft for which is not yet on the table.
Only three weeks after the government lifted Aeroflot off the list of companies to go public, it is now reportedly considering preparing for liberalisation of airports.
Formerly considered installations of strategic importance, the costs of maintaining and developing airports are now so high as to force the government to considering the option of privatisation.
-It is necessary to prepare legal grounds for transferring federal assets that cannot be privatized, to airport owners, making them responsible for maintaining and modernizing those assets, Russian minister of transport, Igor Levitin told Russian press.
A liberalisation of Russia's airports would require passing a new law, the draft for which is not yet on the table.