Russia’s Aeroflot Group reported a first-half net profit of $7.1 million, down 98% from a $376.8 million profit in the year-ago period.
Russia’s Aeroflot Group reported a first-half net profit of $7.1 million, down 98% from a $376.8 million profit in the year-ago period. Operating revenue rose 54% to $3.6 billion while operating costs rose 64.4% to $3.5 billion. Traffic revenue increased 64% to $3.2 billion. The Aeroflot Group includes Aeroflot Airlines (SU) and four regional carriers—Rossiya, SAT Airlines, OrenAir and Vladivostok Avia—that merged last year (ATW Daily News, Nov. 22, 2011). Russian ...
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