Aeroflot Group widens 1Q loss on foreign exchange swings, fuel costs

Polina Montag-Girmes May 31, 2019
Credit: Rob Finlayson
Aeroflot Group reported a 2019 1Q net loss of RUB15.7 billion ($242.5 million), deepened from a RUB11.5 billion loss in the year-ago period . The results are published according to International Financial Reporting Standards (IFRS). Revenue for the quarter was RUB138.04 billion, up 23.3% year-over...
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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