Russia’s United Aircraft Corp. posts $74 million net loss in 2016
Russia’s United Aircraft Corp. (UAC) reported a 2016 net loss of RUB4.5 billion ($74 million), narrowed from a net loss of RUB109 billion in 2015. Full-year revenue rose 20.5% year-over-year to RUB416.9 billion, as a result of a 60% growth in after-sale support service and aircraft modernization to...
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