Russia’s UTair Aviation reported a 2017 first-half net loss of RUB3.7 billion ($62.6 million), widened from RUB684.9 million  in the year-ago period. First-half revenue fell 5% to RUB32 billion and operating loss was RUB8 million, reversed from a RUB1.7 billion profit in 1H 2016. The carrier reported negative equity of RUB6 billion, which remained flat compared to the year-ago half. The company did not comment on reasons for the losses. In 2014-15, UTair experienced economic ...

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