Aeroflot Group posts $201.6 million net loss in 1Q 2018

Credit: Rob Finlayson
Aeroflot Group reported a 2018 1Q net loss of RUB11.5 billion ($201.6 million), nearly doubled from a year-ago period. Revenue for the quarter was RUB111.9 billion, up 8.5% year-over-year (YOY). The results are published according to International Financial Reporting Standards (IFRS). “This is the...
Polina Montag-Girmes

Polina joined the Air Transport World team in 2011, covering Russian and the Commonwealth of Independent States. She studied journalism at Moscow State University and worked as a journalist for Russian business and airline publications since 2000.

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