Russia’s Aeroflot Group has reported a net profit of RUB43.8 billion ($693.5 million) for the first nine months of 2016 to Sept. 30, up significantly from RUB1.8 billion in the year-ago period. Revenue grew 23.2% year-over-year (YOY) to RUB 381.3 billion for the period. The results are published according to International Financial reporting Standards (IFRS). “Our IFRS results for the first nine months of the year show a significant improvement year-on-year, driven primarily by ...

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