Russia’s UTair Airline reported 2013 full-year net income of RUB326.9 million ($9.47 million), down 11.6% from a net income of RUB369.89 million in a year-ago period. Revenue for the year rose 1.7% to RUB73.6 billion. The airline carried 8.18 million passengers in 2013, up 5.3% year-over-year. The full-year results, published according to Russian Accounting Standards (RAS), were approved by UTair’s supervisory board. The board agreed not to pay dividends for shareholders for ...

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