Aeroflot reports 66% profit drop in 2012
Credit: Aeroflot Airbus A330-300
Russia’s Aeroflot reported 2012 net income of $166 million, down 66% from the year-ago period. The carrier said the profit drop was due to 2011 share sales in several subsidiaries, including Moscow Insurance Co., Nordavia Airline and Sheremetyevo Refueling Complex, among others. Also, in 2012...
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