Aeroflot Issues Profit Warning Following Weak First Half
Russian carrier Aeroflot expects profits for 2003 to fall short of its own expectations. CEO Valery Okulov revised his forecast downwards from US$114 million to US$100 million, following weaker figures in the first half of the year. Aeroflot posted a profit of $20.9 million, compared with $19.9...
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