Aeroflot Group’s net profit for the third quarter (3Q) reached RUB27.7 billion ($422.4 million), up 14.2% as the airline group implemented cost controls in the wake of high fuel costs and currency pressure seen through the year. The Russian company’s 3Q revenue increased 18% to RUB200.5 billion while total operating costs for the quarter increased 20.4% year-over-year (YOY) to RUB163.4 billion, resulting in RUB37.1 billion operating profit, up 8.7% YOY. Aeroflot’s 3Q ...

Subscribe to Access this Entire Article

"Cost controls boost Aeroflot Group’s 3Q revenue, net profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.