Pobeda traffic forecast to grow 5% in 2017
The LCC expects to have served over 4.5 million passengers this year [...]
Financial performance
VIM Airlines to discontinue scheduled services
The carrier owes over $120 million to banks [...]
Russian airlines may lose up to $250 in 2017 – industry association
The association says the industry is going strong despite the losses [...]
UTair Group posts net, operating losses for H1 2017
The company's revenue from passenger transportation services declined 2.5% to 22.269 billion rubles [...]
Aeroflot Group blames fuel prices for poor EBITDA
The group's fuel expenses spiked 25.5% in the first half of 2017 [...]
Russian Helicopters posts 9% revenue growth for H1 2017
The company reported an increase in profit in the sales and R&D segments [...]
airBaltic sees revenues drop as yields decline
The carrier's net profit dropped by 16 times year-on-year in 2016 (airBaltic) [...]
UTair Group cuts losses by nearly two-thirds
Russia's fourth largest airline's efforts to improve its financial and operational performance, are proving efficient [...]