Aeroflot 2018 net profit drops 75% on fuel costs, currency depreciation

Credit: Rob Finlayson
Russia’s Aeroflot Group reported a RUB5.7 billion ($82 million) net profit for 2018, down 75% from RUB23 billion in 2017—a decline the group attributed to higher fuel prices and foreign exchange losses.“The most significant factor affecting the group’s financial results for 2018 was the...

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