Tuesday, October 5, 2010

Profit of Aeroflot for the I half 2010 Increased by 24% under IFRS


Net profit of group of companies "Aeroflot" under International Financial Reporting Standards (IFRS) in the I half of 2010 amounted to $ 17.5 million, up 24% over the same period in 2009., the company reported. The proceeds of the group in January-June 2010 amounted to 1.85 billion dollars (+27%).
The growth of financial indicators related to the recovery in demand for air travel, as well as management actions of "Aeroflot" to improve the efficiency of the company, said Deputy general director for finance and investment Shamil Kurmashov.

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