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Alexey Krivoruchko Resigns as Aeroexpress CEO

Jun 4, 2018

On 30 May, Alexey Krivoruchko resigned from the position of the company’s CEO, which he has held since February 2010.

For eight years of Aeroexpress’ operation, Mr. Krivoruchko managed to strengthen the company’s position as the leading intermodal railway operator of the Moscow Air Cluster. The innovations and changes introduced during this period of time determined the key directions of company’s further development.

It should be recalled that, between 2011 and 2012, Aeroexpress hired its own locomotive crews to work along all three routes served by the company.

work along all three routes served by the company. In 2012, the Aeroexpress depot, an independent subdivision, started operating at the rented Ilich Locomotive Depot. This helped the company to lower risks related to dependence on third-party contractors and also provide complete maintenance of Aeroexpress’ own rolling stock. As such, the company has become the first private railway suburban carrier to independently repair and maintain the trains it operates.

In 2013, Aeroexpress signed a contract with the Swiss producer Stadler to design and deliver double-decker trains, in accordance with the company’s special technical specifications. On 27 October 2017, the first double-decker train took its first ride along the Kievsky Rail Terminal - Vnukovo Airport route. Starting from November 2017, new trains were put into operation between the Paveletsky Rail Terminal and Domodedovo Airport. As of today, the company operates eleven Stadler-made double-deckers along the Domodedovo and Vnukovo routes.

December 2015 was marked by the opening of a modern Aeroexpress terminal, covering an area of 2,000 sq.m., at the Paveletsky Rail Terminal. The terminal’s capacity is up to 2,000 people per hour.

March 2017 saw one of two company’s platforms, adapted for the double-decker trains and located at Domodedovo Airport, put into service. Currently, another investment project is being implemented – namely, the construction of a new Aeroexpress railway terminal at Domodedovo Airport and a second platform adjacent to it.

2018 brought another important event in the signing of a letter of intent by Aeroexpress and the Governor of St. Petersburg to implement a project aimed at developing and operating a railway link between Pulkovo Airport and the Vitebsky Rail Terminal. The project for creating the Aeroexpress line in Russia’s northern capital, which will be carried out as a public-private partnership, is scheduled to be completed by 2022.

Mikhail Kovalsky, who earlier held the position of Chief Commercial Officer, has been appointed as the Acting CEO of Aeroexpress.