Wednesday, June 19, 2024

Exchange rates hit Aeroflot profits but cargo revenue increases

Net profits for the Aeroflot Group have fallen by 38 per cent in the first nine months of 2017 due to weaker exchange rates. Nine month net profits up to 30 September 2017 were down to 27.1 billion roubles ($463 million) with lower finance income due to lower earnings from exchange rate difference, though finance […]

First half cargo revenue increases 37.7% at Aeroflot

Cargo revenue at Aeroflot increased by 37.7 per cent in the first half of 2017 with volumes growing 44.3 per cent. It was up from 5.2 billion roubles ($88.6 million) in 2016 to 7.1 billion roubles this year as the group added widebody aircraft to its fleet, helping cargo and mail volumes grow 44.3 per […]

Tonnage surges in first five months at the Aeroflot Group

In the first five months of 2017 from January to May the Aeroflot Group handled 100,607 tonnes, a significant 44.9 per cent increase on the same period last year. In May alone, the Aeroflot Group handled 21,468 tonnes, a 44.6 per cent rise on the same month in 2016. Aeroflot, the main carrier in the […]

Aeroflot volumes fall 7% in 2015

Aeroflot has seen cargo and mail volumes fall by seven per cent in 2015 to 135,145 tonnes, though December only saw a modest drop of 2.5 per cent. In 2015, the Russian airline saw international volumes fall by 8.5 per cent to 74,619 tonnes while domestic cargo and mail was down by 5.1 per cent […]