Transaero swings to profit in 2013

Credit: Rob Finlayson
Transaero Airlines has reported a 2013 net income of RUB788 million ($21.9 million), reversed from a loss of RUB228 million in 2012. The results are according to International Financial Reporting Standards. Revenue rose 15.3% to RUB105.9 billion. Operating profit for the year was RUB10.5 billion, up...

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