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Aeroflot’s net income drops to $1.5 million for the first six months

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Aeroflot Group (Aeroflot Russian Airlines) (Moscow) issued this financial statement:

Operating profit of Aeroflot Group for the first 6 months of 2013 according to IFRS increased by 70% and amounted to $167 million.

Revenue of Aeroflot Group for the first 6 months of 2013 according to IFRS increased by 14% and totaled $4,132.6 million.

Traffic revenue increased by 16% and amounted to $3,664.7 million.

EBITDA of Aeroflot Group amounted to $351.9 million having increased by 42% compared to the corresponding period of 2012.

Net income of Aeroflot Group for the first 6 months of 2013 totaled $1.5 million. In the corresponding period of 2012 net income amounted to $7.1 million. The main impact on the net income of the Group in the first 6 months of 2013 compared to the corresponding period of 2012 was caused by non-cash revaluation of finance lease liabilities denominated in foreign currency.

Copyright Photo: Ton Jochems/AirlinersGallery.com. The six Ilyushin Il-96-300s are assigned to the main holiday destinations such as Antalya, Turkey where RA-96010 (msn 74393201007) is pictured taxiing.

Aeroflot: AG Slide Show


Filed under: Aeroflot Group, Aeroflot Russian Airlines Tagged: 74393201007, Aeroflot, Aeroflot Group, Aeroflot Russian Airlines, Antalya, AYT, Il96, Il96300, Ilyushin, Ilyushin Il96, Ilyushin Il96300, RA96010

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