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...
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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