UTair’s 2011 net profit up 21%

UTair 757-200. By Rob Finlayson Russia’s UTair (UT) reported a 2011 net profit of RUB261.2 million ($8 million), up 21% from 2010. Revenue rose 27.6% year-over-year to RUB54.13 billion. In 2011, UT carried 6.7 million passengers, up 30.8% from 2010. Passenger traffic totaled 11.12 billion RPKs, a 39...

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