Financial performance
Russian flag carrier’s operating profit for the entire year 2023 reached 182.2 billion roubles, Q4 revenues showed a 72.5 per cent increase [...]
Aeroflot’s net loss reached US$215 million in the first quarter of 2020
Russia’s largest airline group is also predicting a significant degradation in its financial position in the second quarter [...]
Aeroflot Group posts its first annual profit growth for three years
Russia’s largest airline grouping announced a net profit of 13.51 billion roubles in 2019 according to international reporting standards [...]
Low-cost carrier Pobeda doubled its profits last year
The Aeroflot Group’s budget airline subsidiary posted net profits of 4.9 billion roubles in 2019 [...]
Aeroflot’s net profits improved by 89 per cent last year
The airline failed to reach 2017’s levels though, according to its Russian Accounting Standards financial report [...]
Air Astana Group’s net profits took off in 2019
Performance was spurred mainly by increased demand for domestic services [...]
All-Superjet 100 start-up Azimuth Airlines reaches operational breakeven
State subsidies have helped one of Russia’s fastest growing regional carriers [...]
Aeroflot Group posts positive financial results for nine months of 2019
Good high summer season results helped Russia’s biggest airline grouping [...]
Ural Airlines posts $50 million net profit in the 2019 three-quarter-year period
The Russian airline improved both its financial and operational performance [...]
Russia’s Utair navigates around bankruptcy – for now
The debt-ridden Russian major has won support from country’s largest bank as it posts US$15.5 million of net income [...]
Russia’s Rostec considers three development scenarios for United Aircraft Corporation
All three plans require substantial governmental financial help [...]
Air Astana’s financial results improved in the first half of 2019
Even though the leading Kazakhstan carrier’s traffic remained flat [...]
Russia’s Utair improves its financial performance
The financially troubled airline experienced a 34% reduction of its net loss in the first half of 2019 [...]
Aeroflot’s net loss almost doubled in the 1H2019
Russia’s leading airline posted a US$220 million net loss, according to local financial standards [...]
Russia’s airlines retain high passenger growth figures
Passenger numbers increased by 12% in 1H19, the financial situation of the carriers remains a concern [...]
Sevenfold slump for Sukhoi Civil aircraft sales so far this year
Only three Russian-built SSJ100s have been delivered since the start of 2019 [...]
Russia’s Utair may have found a way out of its debt trap
To pay its creditors the airline may sell off some of its non-operational assets [...]
Russia’s troubled Utair comes up with a new 35-year debt-restructuring plan
Shares in the carrier’s lucrative Surgut airport and helicopter businesses are being offered as security [...]
Lufthansa and Wizz boost FL Technics’ 2018 financial results
Lithuanian MRO specialist almost doubled its net profits [...]
Ural Airlines eschews dividend payments for contingency fund
Russia’s fourth largest airline is taking protective measures against future uncertainties [...]
Aeroflot’s net loss almost doubled in the first quarter of 2019
Russia’s largest airline accrued a 16.85 billion roubles net loss, according to local financial standards [...]
Russia’s Utair suffered a 4.4 billion roubles loss in 2018
Financially stricken airline hit by soaring fuel prices and a shortage of pilots [...]
€5.4 million profit for Latvia’s airBaltic in 2018
The dominant carrier in the Baltics region is profitable for the sixth year in a row [...]
Opinion: Conflicting trends
Russian air transport industry must make a decisive effort to review its financial credentials [...]
Aeroflot Group suffered net profits plunge in 2018
The Russian consortium of airlines blames unprecedented fuel cost increases [...]
LCC Pobeda’s net profits decreased by 43 per cent in 2018
Russia’s only low-cost carrier saw 2018 profits plummet, despite a 75 per cent revenue increase [...]
Russia’s airlines collectively suffered 50 billion roubles losses last year
Dramatic fuel cost increases, overcapacity and low prices affected the industry’s profitability [...]
Kazakhstan’s Air Astana net profit down 86% in 2018
Unaudited figures show higher revenues and soaring fuel costs in the period [...]
Russia’s Utair to present a new financial model this month
Managers at the financially stricken carrier are buoyed by current traffic trends [...]
Financially stricken Utair stands by its fleet expansion strategy
Siberian airline remains in dire straits as it plans a further restructuring [...]
Aeroflot’s 2018 profits slump by 90 per cent after soaring fuel prices
Russian flag carrier blames its deteriorating financial performance on rocketing fuel costs, stiffening competition [...]
Soaring fuel prices burn a big hole in Russian airlines profitability
Russian airlines' operational losses this year will reach 39 billion roubles [...]
Aviation authorities scrutinise debt restructuring at Russia’s Utair
Rosaviatsiya has also instructed the airline to review its flight safety management practices [...]
Aeroflot recovers from loss-making Q1 and fuel hike
Russia’s biggest airline group climbs out of the red after loss-making first half [...]
Rising fuel costs dominate Aeroflot’s 42 per cent profit slump in 9M of 2018
Russia’s flag carrier’s sales turnover increased 11.9 per cent [...]
Russia’s Utair suffers 1.9 billion rouble loss so far in 2018
The airline’s outstanding obligations now exceed 96 billion roubles [...]
Aeroflot Group warns of profit slump
Russia’s largest airline group is preparing for turbulence [...]
Russia’s Utair doubles its losses in the first half of 2018
Decline in the passenger segment increases carrier’s financial woes by 20.2 per cent [...]
Aeroflot Group posts 5.2 billion rubles loss for first half of 2018
Despite traffic growth, fuel cost spikes plague Russia’s largest airline group [...]
Sukhoi Civil Aircraft posts a $12 million loss in first half of 2018
Russian regional jet’s share of global regional jet market deliveries declined [...]
Aeroflot suffers net loss in the first half of 2018
This contrasts with the same period of last year when the airline posted a profit [...]
Young Estonian carrier posts its first profit
Nordica’s fleet was boosted with a further 10 aircraft throughout 2017 (Nordica) [...]
Costs of additional aircraft and rising pilots’ salaries double Aeroflot losses
Fleet modernisation and the need to keep its captains led to a US$195 million net loss in Q1 2018 [...]
Russia’s S7 Airlines sees net profit grow by 10.3 per cent in Q1 2018
Russia’s second largest airline’s January-March revenues reach 24.3 billion rubles, up 17 per cent year-on-year [...]
Increased MRO, leasing and fuel costs hit Aeroflot in Q1 2018
Losses double in the period despite Russian flag carrier’s revenue climbing 7.3 per cent [...]
Aeroflot’s net profit grows nearly 22% in 2017
The airline managed to stay in the black despite negative half-year results [...]
Kazakhstan’s Air Astana sees profit rebound in 2017
The carrier's transit traffic increased by 58% last year [...]
Russian government releases regulatory plan for passenger aviation business
The Transport Ministry proposes monitoring how airlines meet their liabilities to vendors [...]
UTair sees its net profit shrink by over 50%
The carrier saw its revenue decrease 2.5% in January through June [...]
Pobeda traffic forecast to grow 5% in 2017
The LCC expects to have served over 4.5 million passengers this year [...]