Aeroflot Posts 2019 $218M Net Profit, Restates 2018 Results

aircraft
Credit: Joe Pries
Aeroflot Group reported a 2019 net profit of RUB13.5 billion ($218 million). The group had to restate its 2018 full-year results according to International Financial Reporting Standards (IFRS) requirements, which resulted in a loss of RUB55.7 billion for 2018. The new rules require airlines to...
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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