Russia’s Aeroflot reported first-half net income of RUB3.39 billion ($95.6 million), down 36.2% year-over-year. The first-half period ended June 30 and the results were published according to Russian Accounting Standards (RAS). First-half revenue rose 14.8% to RUB105.7 billion. Cost of sales increased 17.7% year-on-year to RUB92.39 billion. The carrier said the results were due to increased traffic volume, higher costs associated with fleet expansion and higher foreign currency ...

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