Transaero reports $290 million net loss in 2014; restates 2013 results

Credit: Courtesy, Boeing
Russia’s Transaero Airlines has reported a 2014 net loss of RUB14.5 billion ($255 million). The company restated its 2013 financial results, reversed from a net profit of RUB788 million to a net loss of RUB13.3 billion currently (a $406 million difference, according to the exchange rates as of Dec...
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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