Russian carriers’ losses grow to $19.4 million in 1Q

First-quarter losses by Russian airlines have increased RUB1 billion ($19.4 million), according to the Russian Association of Air Transport Operators (AEVT), which estimated 2014 full-year losses to be RUB30 billion due to currency rates and passenger traffic decreases. Losses are growing due 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.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.