I am sure most peeps will know this is my favourite airline - I fly them and I buy them.

Currently I hold a quarter unit as a longer term investment which is also useful for shareholder benefits.

I will be looking to substantially add at the right time and not afraid to trade them either intraday or more probably as a swing trade.


ains




Shadow of conflict looms large over British Airways as firm fights to recover

TRACEY BOLES - Scotland on Sunday

BRITISH Airways will warn that the prospect of war with Iraq casts a long shadow over its full-year this week when it posts third quarter figures in line with expectations.

Lord Marshall, the BA chairman, is expected to tell analysts that political uncertainty could push the airline, still struggling to recover from the effects of September 11, further into reverse.

"Iraq is a key driver for everything," said a source close to the airline.

BA has admitted privately to analysts that transatlantic bookings for this March are "appalling" as the uncertainty stirred up by the prospect of war exerts an influence. Earnings estimate downgrades are now highly likely.

However, analysts believe a loss for the full year is still not on the cards.

Pre-tax estimates for the full year currently stand at up to 140m. BAs performance, which represents a strong recovery from the 180m loss posted in the equivalent quarter after September 11, has been driven by a vigorous cost-cutting programme rather than by revenue, which is still flat.

It will announce tomorrow that it is on track to achieve cost savings of 450m by the end of March through a process of shedding jobs and loss-making routes under its future size and shape strategy.

By the end of next month 10,000 jobs will have gone under the programme. "BA has weathered the storm better than most by getting costs under control," said one analyst. "In Europe, only Iberia has done likewise."

Third quarter operating profits are expected to be around 30m to 40m, in line with analysts expectations, with pre-tax figures between a 10m loss and 5m profit. The consensus is break even.

The airline has impressed experts by taking the threat posed by low-cost carriers seriously.

Geopolitical and economic problems are affecting demand air travel, especially on long-haul routes. BAs premium services are still under pressure, recent traffic figures revealed.

A speedy Gulf war will lead to a relief rally for the airline sectors shares which are depressed at the moment. However, BA itself has warned that prolonged conflict could trigger a slump in aviation equivalent to that seen after September 11.

Chris Tarry, former aviation analyst at Commerzbank who now runs CTAIRA said: "I believe that the last quarter has been very tough on the revenue side and indeed they have indicated this themselves.

"Unfortunately the outlook is no better - even without a war. The reality of the economic situation in the UK was underlined with the rate cut.

"Add to that the structural downward shift in fare levels and then the uncertainty over war - it doesnt bode well.

"Furthermore, given the uncertainty caused by Iraq let alone an actual war, it is pretty clear that the transatlantic market will be dire in the summer."

BA has traditionally depended on transatlantic traffic for its revenue.

Shells chairman, Sir Philip Watts, also admitted last week that the oil giant was preparing for "uncertain times" ahead.

He said Shell had looked at the range of possibilities that could occur and had "a plan for every eventuality".

Credit where its due, ainsoph did buy some BAY at 95p, he posted it live then sold half of them for a good profit at a later time, he posted that too.

That is true :-)) ..... bought a few before close as a short term play @ 103p



ains

BBC - Buzz, the Stansted-based low-cost airline, is to cut 12 routes, reduce its fleet and make up to 400 workers redundant, its new owner has said.
Ryanair, which in January agreed to buy Buzz from Dutch carrier KLM, also confirmed that all Buzz flights would be grounded "for the month of April 2003, at least".

It said the restructuring plans would be presented to staff and creditors over the next few days after which a final decision would be taken on whether to restart some flights on 1 May.

Ryanair said Buzz's financial position was "extremely precarious", and that the airline was losing more than 1m euros (683,000) a week.

More soon.

Not helping


LONDON (AFX) - British Airways PLC has confirmed that it is considering the future of its Concorde fleet due to poor demand for the supersonic service.
"The retirement date of Concorde is under review, but no decision has been made at the moment as to when that will be," said a BA spokeswoman.

BA has struggled to attract Concorde customers since an Air France Concorde crashed in Paris killing 114 in 2000.

"In the current commercial environment where business and premium brands are under increased pressure it's only prudent for us to think carefully about when we should retire Concorde," said the spokeswoman.

She could not say when a decision would be made on the seven plane fleet, only five of which are in current service.

"There's a huge number of factors to consider," she added.

jdd/lam

26 Feb 2003 17:00 GMT

BA reviews Concorde's future in weak market

By Daniel Morrissey
LONDON, Feb 26 (Reuters) - The future of supersonic air travel between London and New York could be in doubt, with British Airways asking: Should Concorde be retired early?

The review by Europe's biggest airline comes at time when major airlines are under pressure from shrinking corporate travel budgets, depressing sales of business class tickets.

"We are looking at when Concorde should retire, although no decisions have been taken," said a British Airways spokesman. The carrier has five Concordes certified to fly until 2009.

Almost three years ago an Air France AIRF.PA Concorde crashed near Paris and killed 113 people, forcing both the British and French carriers to pay for costly modifications.

BNP Paribas analyst Nick van den Brul said it made sense for British Airways to retire Concorde early because the threat of impending war in Iraq was cutting business travel plans.

"The Concorde has never been that profitable anyway -- a marginal profit and it's just a flagship," said van den Brul. "It is quite true that all of the leading carriers are seeing the pre-war risk of substantial declines in business travel."

The Concorde has one daily London-to-New York flight.

"We will continue to fly it as long as it is safe, reliable and commercially viable," said the spokesman for British Airways. The airline has slashed thousands of jobs and reduced its capacity in response to the weak demand for air travel.

The king of the rich jetset for 30 years, Concorde has always been synonymous with superstars who quaff champagne and guzzle lobster while travelling at twice the speed of sound.

But the reality is much different.

Analysts estimate about 80 percent of Concorde's passengers were business travellers. Falling stock markets and a drought in merger and acquisition business has forced City of London and Wall Street banks to cut tens of thousands of jobs.

British Airways, which relies heavily on the transatlantic business travellers for high-margin revenues, warned this month it faced flat revenues in 2003 and a tougher year than 2002.

Well I gave up on BA (aka b*gger all) after a load of hassle and poor treatment after years of loyalty. I think they've lost it again.

I fly Virgin to the States all the time now. No airline is perfect, but they are not bad at all. And AmEx/Virgin will do you a deal on Upper Class fares. And the girls are charming.

GW

typical French ....


PARIS (Reuters) - An Air France supersonic Concorde airliner bound for New York has lost a piece of its rudder in flight, but still landed safely and on time at its destination, the airline says.
Air France said on Thursday a technical investigation was under way.

The incident comes a week after an Air France Concorde on the same route made an emergency landing in Canada after one of its engines malfunctioned.

Air France and British Airways -- the only airlines to operate the supersonic jets -- grounded their Concorde fleets after an Air France Concorde crashed on take-off from Paris on July 25, 2000, killing 113 people.

An investigation concluded a burst tyre had ruptured a fuel tank and flights resumed in November 2001 after modifications were made to avoid a repetition of the accident.

The Concorde entered service in 1976 and Air France and British Airways have 12 of the planes still flying in total.

To be fair to Air France, (although why I should escapes me) this fault has occurred at least twice that I can recall on BA Concordes.

More worrying is the cover up - it's hard to describe it as anything else - over the Air France Concorde crash.

It was blamed on debris on the runway from a departing Continental flight: to my knowledge, this played little or no part in the accident. A combination of other factors were responsible, including maintenance and technical crew error.

G

Looks like we will see them all grounded before much longer .....


ains


February 28, 2003

EasyJet 'reneged on deal with BA'
By Russell Hotten TIMES



A UNION representing pilots at Deutsche BA, the German subsidiary of British Airways, accused easyJet last night of reneging on an agreement to buy the operation.
The accusation will fuel suspicions that easyJet, Europes biggest budget airline, wants to walk away from a deal because of rising fears of a new recession in Germany.

It leaves BA in a difficult position because the airline has been desperate to sell its loss-making German division and may now be forced into a fire sale.

Georg Fongern, a spokesman for the Vereinigung Cockpit union, said pilots had verbally agreed to easyJets request for changes in working practices at Deutsche BA. Herr Fongern said: All of a sudden easyJet decided not to sign. They changed the terms of the agreement. It was not a surprise because we no longer think easyJet wants DBA.

EasyJet, which is paying BA 600,000 (410,000) a month to keep open an option to buy Deutsche BA, has not formally announced that the acquisition has been abandoned.

However, other sources who have spoken to easyJet executives say the company views a Deutsche BA acquisition as too risky given the worsening economic environment in Germany.

Ray Webster, chief executive of easyJet, has said that he wants to make a firm decision on Deutsche BA by the end of March, although the option to buy runs out in August.

No talks between easyJet, which has representatives on the Deutsche BA board, and the pilots union are planned. A spokesman for easyJet denied that a deal with the pilots had been agreed.

US landing fees set to soar JANES

We are hearing anecdotally that due to lower aircraft traffic volumes, some airports are actually considering increasing their landing fees and terminal rentals by as much as 30% to 40%," says Tom Browne, managing director, for the aviation infrastructure department at the Air Transport Association (ATA).

While only anecdotal evidence that is probably only applicable to a limited number of the hundreds of airports in the US, the fact that traffic is down and fee rises are under consideration still does not bode well for the industry.

With less aircraft in the air, airports still have to cover their fixed operating expenses incurred when running the terminal buildings, runways and related infrastructure. Added to this is the additional expense of improved security measures that the Transportation Security Administration (TSA) is responsible for in 450 of the nation's airports.

The problem with introducing the new TSA measures is that there is little, if any, funding available to pay for these new security systems and staff - despite its being a function of the federal government. Thankfully this may change.

But one problem that it may raise is what collateral can be used to borrow against for those airports that are already close to reaching their maximum debt level. Most of the improved security measures will be hi-tech equipment and employees as opposed to large brick and mortar infrastructure assets.

Agreeing the fee
Once airports have determined what to charge the airlines for landing fees over the course of the next six to 12 month period, the real negotiations begin. But the negotiating leverage of the airline will depend upon the airport that it uses.

An airline representing a significant portion of the flights using one airport terminal, with another hub nearby that is underused, will tend to have much more bargaining power than an airline that is one of many, using an airport with no nearby alternatives. And with time being of the essence, there is a mutual benefit for the two sides to ensure that all paths, however creative, are explored quickly.

There is still substantial excess capacity among the airlines with a significant proportion of the airline industry already in the midst of Chapter 11 proceedings. And with the looming threat of war with Iraq in the Middle East, another external shock is on the way that will further reduce air traffic levels.

It looks like any increase will just be passed onto the airlines that are likely to just add the landing fee increase to passengers' tickets.

Perhaps a more worrying issue for passengers is the proportion of a ticket that federal taxes and other fees already represent. According to ATA statistics, in 1972 it represented 7% of the ticket's total price. In 1992 more than double, at 15%. In 2002, a full 26% of the price. This is a significant portion of the ticket's cost.

It will be interesting to see what the airlines can get away with in this skittish period of air travel.

02/28 07:42
BAA Can Raise Airline Charges, U.K. Aviation Authority Says
By James Regan


London, Feb. 28 (Bloomberg) -- BAA Plc, the world's biggest airport operator, can raise airline fees by as much as two-thirds at its London airports to help fund an 11-year, 8.1 billion-pound ($13 billion) expansion, the U.K. Civil Aviation Authority said.

Heathrow airport charges would rise to 6.48 pounds per passenger in fiscal 2004 from 5.60 pounds in fiscal 2002, followed by an increase of retail price index plus 6.5 percent in each subsequent year. Gatwick fees would rise to 4.32 pounds in fiscal 2004 from 4.25 pounds in fiscal 2002, with London Stansted rising to 4.89 pounds from 4.39 pounds. Charges at both would rise in line with the retail price index in the following years.

``These price cap increases are necessary to enable BAA to deliver services to a growing market through a major investment program,'' the authority said in a Regulatory News Service statement.

Raising the amount BAA charges airlines for using its airports would help finance a 3.7 billion-pound fifth terminal at London Heathrow airport, which is due to open in 2008. BAA expects the number of passengers using its three London airports to increase 46 percent through 2013.

The new limits on BAA's airline fees will apply from April 1 for a five-year period.

An increase in charges at the UK's biggest airport, could push up air fares, industry figures have warned. BBC news

The Civil Aviation Authority (CAA) announced in Friday it was putting up landing charges at Heathrow airport in west London.

We will fight this proposal tooth and nail

Sir Richard Branson

The increase will result in airlines facing a 36% increase in charges over the next five years, but the CAA said its decision would not "materially affect air fares."

The news, however, was seen as another blow by the cash-strapped aviation industry, and Virgin Atlantic said it had "no choice but to pass these increases on in fares."

'Sheer madness'

Virgin chairman Sir Richard Branson said: "This is sheer madness.

"At a time when fuel prices are at $40 a barrel and when BAA is still making massive profits, whoever suggested that it be allowed to raise charges to airlines by 40% must be off their heads.

"It begs the question - who regulates the regulators? We will fight this proposal tooth and nail or we'd have no choice but to pass these increases on in fares."

British Airways echoed Sir Richard's comments.

"These increases are bad news for the travelling public and bad news for an industry already in financial distress," said a spokesman.

Charge effect

The effect of the changes will mean that take off and landing charges - which include parking - will rise from 6.13 to 6.48 in 2003 to 2004.

It will then increase on average by 43p each year over the next five years.

"These price cap increases are necessary to enable BAA to deliver services to a growing market through a major investment programme, its 7.4bn 10-year plan to boost long-term capacity at its London airports, which includes the fifth terminal at Heathrow," the CAA said in a statement.

Stansted and Gatwick airports are also affected by the increases.

The maximum allowed charge at Gatwick would be 4.32 per passenger in 2003/04 and then rise by RPI in each year thereafter, while Stansted would be 4.89 in 2003/04 and then increase by RPI over the remaining four years.

Investors seemed unpeturbed by the charges, with BAA shares up 5% to 432p in early trading.

BA launches fresh drive to save 450m costs
By Kevin Done, Aerospace Correspondent FT
Published: February 28 2003 20:13 | Last Updated: February 28 2003 20:13


British Airways is launching a fresh cost-cutting drive aimed at making savings of 450m ($708m) a year by March 2005, as the carrier struggles to improve its profitability in a weakening air travel market.


Much of the burden of the latest measures will be carried by the group's 16,000 suppliers worldwide, as BA seeks to cut external expenditure by 10 per cent.

The latest round of cuts is in addition to the current two year programme aimed at taking 650m out of the cost base by March 2004.

Rod Eddington, BA chief executive, said that "tough market conditions" meant that additional cost saving initiatives were needed over the next two years.

The continued threat of war, economic uncertainty and competitive pressures had stalled predicted growth in the airline industry. BA's revenues for the current financial year to the end of March would be 1.5bn less than two years ago.

"Our focus must be on managing what we can control, while preparing for the impact of war," said Mr Eddington.

The aviation industry is in the middle of its worst financial crisis with airlines in the US and transatlantic services, where BA is a leading player, hardest hit. Two of the top seven US airlines, United Airlines and US Airways, are already in court-administered bankruptcy and there are growing concerns about the financial prospects of American Airlines, the world's largest carrier.

BA is expected to report a pre-tax profit for the current year to the end of March, as it recovers from a 200m loss a year ago, its worst result for 20 years. But the group has repeatedly warned that the improvement can only be based on cost-cutting rather than on increasing revenues.

The airline said on Friday that it was aiming to cut its annual 3bn external expenditure, excluding fuel, by 10 per cent, or 300m, by March 2005 with a further 150m to be cut from internal costs.

No further job cuts are envisaged in the latest cost reduction programme, but the group is already in the middle of eliminating 13,000 jobs between August 2001 and March next year.

It said it was planning for no rise in the workforce, while increasing the flying programme or capacity by 5 per cent year-on-year in 2003/04 and by a further 1 per cent in the year to March 2005.

Part of the cost-cutting is supposed to come from a move to "a more self-service culture" through a programme called "Customer Enabled BA".

The targets include a move to 100 per cent use of eTickets - replacing paper tickets - by December 2004, 80 per cent of customer transactions available online by March 2004, and a further simplification of the fare structure with a 50 per cent reduction in fare types and 50 per cent self-service check-in by March 2005.

BA is also aiming to streamline its internal processes with a target of achieving 80 per cent of employee administration online with no duplicated paper processes.

LONDON, March 1 (Reuters) - British Airways Plc, Europe's biggest airline, said on Saturday it will slash costs by an extra 450 million pounds ($711 million) a year by March 2005 in a weak aviation market that has "become even more challenging."
The fresh two-year cost-cutting drive comes on top of an existing programme that is on track to deliver annual savings of 650 million pounds by March 2004 by chopping 13,000 jobs, reducing capacity and closing loss-making European routes.

"This business plan builds on the achievements of the future size and shape programme, while acknowledging that the changing environment has become even more challenging, and it targets 450 million pounds of additional cost savings by March 2005," a spokeswoman for British Airways told Reuters.

The big airlines in Europe and the United States have been reeling from the slump in demand for air travel, particularly lucrative business travel as companies reduced travel budgets.

The September 11 aircraft attacks on the United States in 2001 accelerated the airline industry downturn that began as economic growth slowed. The slump has hit British Airways particularly hard on its important North American routes.

The deep cost cutting at the debt-laden British Airways helped it post a third-quarter profit last month, but it also warned of flat revenues in 2003 and a tougher year than 2002.

It had debt of 5.2 billion pounds at December 31.

Shares in British Airways closed at 104-1/4 pence on Friday. The stock has underperformed the benchmark FTSE 100 Index .FTSE by about 18 percent over the past six months.

The spokeswoman said the new savings would mainly come from a 10 percent reduction in external costs, excluding fuel, migrating 80 percent of all customer services to the Internet and making electronic tickets available to all customers.

No more reductions in staff were planned, she said.

press coverage on the proposed cuts continues ....



BA banks on self-service to help cut further 450m
By Adam Jay (Filed: 03/03/2003) Telegraph


British Airways has unveiled its business plan for the next two years, in which it will aim to make 450m of savings.

The cuts come on top of the two-year "Future Size and Shape" programme, which runs until March 2004, and intends to save 650m and cut 13,000 jobs. The new plans include a 10pc reduction in spending, and a move towards a "self-service culture" for both passengers and staff.

Chief executive Rod Eddington told BA's staff newspaper: "With Future Size and Shape we embarked on a two-year journey to transform our business into a leaner, fitter, simpler and more competitive airline.

"One year on, we are on track to deliver, but tough market conditions mean new, additional cost-saving initiatives are also needed over the next two years."

Mr Eddington said that the group had considered postponing its latest plan while war in Iraq was looming. "We decided we cannot put our business on hold. Our focus must be on managing what we can control while preparing for the impact of war."

BA's focus on self service will lead to targets such as 80pc of customer transactions and 100pc of executive club transactions being available online by March 2004. It will also aim for a 50pc reduction in fare types and 50pc self-service check-in by March 2005.

The airline says it has no plans to increase job cuts beyond the 13,000 envisioned under Future Size. About 9,200 jobs have been lost since August 2001, while an extra 800 will follow this month.

sky news


Passengers flying to and from UK airports faced the worst delays in Europe last year, according to the latest figures.


Planes using UK airspace in 2002 accounted for 37% of European flight delays - the largest share in Europe, and up from the share total of 14% in 2001.

Italy was the only other country that had an increase in delays of more than 1% between 2001 and 2002.

The figures were compiled by Eurocontrol which supervises aircraft movements between 24 countries.

Heathrow airport had the largest rise in delays last year and also the largest rise in the number of flights delayed by 60 minutes or more.

Together with Amsterdam and Paris, Heathrow also had the the largest amount of delays on departing traffic.

Dublin, Edinburgh, Manchester and Glasgow also suffered above-average delays.

Overall, the average delay per flight for planes in UK airspace was three minutes, while only four other countries had an average delay of more than one minute.

Compared with 2001, the UK was the only country to have had an increase in delays of more than one minute, whereas it fell by more than a minute in six countries.

MUSCAT (AFX) - British Airways PLC said it will resume flights from London to Oman on March 30 after a five-week suspension due to travel warnings to UK nationals.
"The new schedule will allow BA to maintain a smooth operation in the region, with all services continuing via Larnaca (in Cyprus)," BA's country manager in Oman, Sunita Gomes, told Agence France-Presse.

The revised schedule will see a twice-weekly service from Muscat to London, Gomes said.

Elsewhere in the Gulf, BA will operate three flights a week to Abu Dhabi, 11 to Dubai, three to Doha, four to Jeddah and three to Riyadh.

Dedicated flights from Abu Dhabi, Bahrain, Doha, Dubai and Kuwait will be operating directly via Larnaca to London Heathrow, Gomes added.

BA announced the temporary suspension of its Muscat flights on Feb 24, saying it was making "adjustments in its schedule for the whole of the Gulf region" following changes in travel advice from the Foreign Office to British nationals travelling to Bahrain, Jordan, Qatar and Saudi Arabia.

Tuesday March 4, 11:28 PM





British Airways backs profit target

NEW YORK (Reuters) - The chairman of British Airways (LSE: BAY.L - news - msgs) has reaffirmed the airline's profit forecast for the current year, assuming no war, and backed its view of flat revenue for the year beginning in ADVERTISEMENT

April.


In an interview with Reuters, he also said Europe's largest airline expects no further job cuts in addition to the 13,000 cuts already disclosed.


"On any competitive basis, we're certainly in good shape to come through any war. We certainly believe that our survivability is very high indeed," said the chairman, Colin Marshall.


He spoke in an interview after dedicating a renovated British Airways Terminal 7 at John F. Kennedy International Airport in New York.


BA last month posted a small third quarter profit, but warned revenue will likely not rise in 2003. The September 11 attacks hit BA hard by damping travel on its key North American routes and it has cut ticket prices in the face of pressure from low-cost airlines such as EasyJet Plc (LSE: EZJ.L - news) and Ryanair (Dublin: RYA.I - news) .


Saturday, BA said it will slash costs an extra 450 million pounds a year by March 2005, on top of an existing program to deliver annual savings of 650 million pounds by March 2004, including 13,000 job cuts.

very narrow trading range today around a - 4 million traded




03/05 13:07
British Airways, Rivals' Ratings May Be Cut, S&P Says (Update1)
By James Regan


London, March 5 (Bloomberg) -- British Airways Plc, Deutsche Lufthansa AG and rival European airlines' credit ratings may be cut as air travel slumps, and will be reviewed if there is an outbreak of war in Iraq, Standard & Poor's said.

Traffic will probably increase by less than 5 percent this year at Western European carriers, S&P said. Full-service airlines will probably have less than 3 percent traffic growth and may post no increase, the rating service said.

``So far in 2003, traffic and yield levels have been lower than previously expected, due to weak economic conditions and fears of a military conflict, and the outbreak of a war in Iraq would make matters even worse,'' said Virginie Casin, a director of S&P's Corporate Ratings Europe, in a report.

Full-service airlines have grounded planes, scrapped routes and cut jobs as they try to lower costs amid a decline in air travel. British Airways and KLM Royal Dutch Airlines NV have said they may idle more aircraft in the event of Iraq conflict after Lufthansa said it will ground 46 planes.

Average fares will ``remain weak'' this year because of a drop in premium traffic as corporate travel budgets are crimped amid an economic slowdown, S&P said. Customers who have switched to cheaper seats are ``unlikely to revert to their previous traveling patterns in the near future.''

``Carriers' ratings would likely come under renewed pressure if low fares were to be aggravated by an increase in the proportion of empty aircraft seats,'' S&P said.

Filling Fewer Seats

KLM said today it filled 2.2 percent fewer available seats in February as fare cuts failed to attract enough new passengers to take up extra capacity. Europe's No. 4 carrier is forecasting a second consecutive fiscal-year loss in the 12 months ending in March.

In the event of an international armed conflict, ``the risk of strained cash flow generation and of prolonged overcapacity is likely to have more serious rating implications than a continued softening in demand,'' S&P said. European airline credit ratings will be revised with ``negative implications'' should war break out in Iraq, Casin said.

Some unrated Europe airlines with low or negative cash flow or which face refinancing deadlines will probably fail or need outside financial aid ``should a marked decline in traffic levels occur,'' Casin said.

``Investors should also note the risk of critical credit deterioration for airlines based in southeast Europe -- Turkey, Greece, Italy, for example -- if hostilities break out in Iraq,'' she said.

MOSCOW (AFX) - British Airways PLC is to operate out of Moscow's Domodyedovo airport from July 1, transferring from Sheremetyevo airport where its flights have operated previously for the past 45 years, regional manager Daniel Burkard said.
The decision to leave Sheremetyevo "was taken to improve the service to passengers," Burkard told a press conference, explaining that Domodyedovo, southeast of Moscow, would provide better infrastructure and transfer services and easy access.

The airport is linked to the city by an electric train, unlike Sheremetyevo, northwest of Moscow, access to which is provided by bus, taxi or private car.

"Domodyedovo international airport has the biggest and fastest growth in the Russian Federation," Burkard noted.

lg/bb/wf/cmr