Russia’s UTair widens net loss in 1H

Credit: Rob Finlayson
Russia’s UTair Aviation reported a 2017 first-half net loss of RUB3.7 billion ($62.6 million), widened from RUB684.9 million in the year-ago period.First-half revenue fell 5% to RUB32 billion and operating loss was RUB8 million, reversed from a RUB1.7 billion profit in 1H 2016. The carrier reported...

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