Aeroflot Group reported a 2019 1Q net loss of RUB15.7 billion ($242.5 million), deepened from a RUB11.5 billion loss in the year-ago period. The results are published according to International Financial Reporting Standards (IFRS). Revenue for the quarter was RUB138.04 billion, up 23.3% year-over-year (YOY). Operating costs, excluding aircraft fuel costs, increased 23.6% to RUB100 billion; fuel costs were up 28.4% YOY to RUB43.7 billion. Aeroflot Group includes Moscow ...

Subscribe to Access this Entire Article

"Aeroflot Group widens 1Q loss on foreign exchange swings, fuel costs" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.