Transaero narrows full-year loss in 2012

Credit: Rob Finlayson
Russia’s Transaero Airline reported 2012 full-year loss RUB228 million ($6.86 million), narrowed from RUB2.19 billion net profit in the year-ago period. The newly calculated results are according to International Financial Reporting Standards (IFRS). This replaces the earlier results recorded in May...

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