News Articles Directory Video/Pictures Events Reports
         Feedback
 Advertise
 RSS feed
 
RUAVIATION.COM   →  Today: Friday, August 29, 2014, 5:11    
 Follow us on: Follow ruaviation on Twitter
Homepage » News» 17 march 2014     

The net profit of Aeroflot Group was 7.33 billion rubles in 2013
Russian Aviaton » Monday March 17, 2014 16:20 MSK

Aeroflot announced the consolidated IFRS financial statement of Aeroflot Group for 12 months of 2013 ending December 31st 2013, the company’s press-service reports.

The net profit for 2013 reached 7 334.7 million rubles ($203,3 million (+41,9% as compared to 2012)). The revenues for 2013 amounted to 290 955,8 million rubles ($9 135.7  million  (+15%)). The traffic revenues were up 16,4% to 257 545,7 million rubles ($8 086.7 million). The fuel costs for 2013 increased by 11.2% (as compared to 2012) to 79 127,8 million rubles ($2 484,5 million). The operating costs (excluding fuel costs, staff costs and amortization) for the accounting period amounted to 133 354,0 million rubles ($4 187.2 (+9.9%)). The basic and diluted earnings per share for 2013 were both 7.6 rubles (23.9 cents (+15.2% for basic and +16.9% for diluted earnings)).

«Aeroflot is the leading Russian carrier. In 2013 Aeroflot Group exceeded the industry average rate of growth. The airline’s passenger traffic increased by 14.3%. Revenue and net income also increased. These results were driven primarily by an improved cost structure: optimization of fuel costs by means of purchasing new fuel-efficient aircraft, strong labor productivity and successful integration of subsidiary airlines», - said Vitaly Savelyev, CEO of Aeroflot.

← previous | next →
See also: