UTair reported a RUB270 million ($11 million) profit in 2007, up 2.3% from the year-ago figure, according to press reports from Russia. It expects net earnings of RUB320 million this year on revenue of RUB33.3 billion. AK&M reported that UTair intends to add 10 737-500s by year end and 10 more by the close of 2009. Bloomberg News reported that it will lease half of those aircraft from Continental Airlines. Separately, UTair transported 205,398 passengers in January, up 122.7% from the ...

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