Transaero reports $54.6 million 2011 profit

Transaero Airlines 747-400. By Rob Finlayson Russia’s Transaero Airlines (UN) has reported a 2011 net profit of RUB1.83 billion ($54.6 million), more than doubled from 2010. Revenue increased 42% to RUB86.5 billion. The results were certified at annual shareholder meeting in Moscow in June. UN 2011...

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