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The net profit of Transaero Group was $96 mln in 2011

Russian Aviaton » Thursday March 29, 2012 18:34 MSK
Transaero 767-300ER | © Alexey Kondratov

Transaero has finalized its financial activities for 2011 in accordance with Russian Accounting Standards. The company's key figures have significantly increased, said the company’s press-service. AEX.ru

The total revenue of Transaero has reached $2,95 bln (86,5 billion rubles) in 2011 (+42% as compared to 2010). The company's assets were $1,97 bln (57,82 billion rubles) (+34% as compared to 2010).

The company's net profit was $62,39 mln (1831,9 million rubles) (+215%).

“These financial results have been achieved along with the increase of passenger traffic (+26,2%) and the number of carried passengers increase (+27.2%) as compared to 2010”. – Transaero noted.

Taking into account the financial indicators of Transaero-Finance (subsidiary, 100%-owned by Transaero), Transaero Group has finished the year 2011 with the following indicators:

- revenue - $2,95 bln (86,5 billion rubles)
- assets -  $2,05 bln (60,1 billion rubles)
- net profit – $96,06 mln (2 820,3 million rubles)