Transaero adds nearly a third to annual profit

London
Source:
This story is sourced from Pro
See more Pro news »

Russian carrier Transaero Airlines made an operating profit of Rb10.6 billion ($295 million) in 2013, a 31% increase on 2012.

Revenue rose 15.3% to Rb106 billion, a 15.3% increase over 2012.

The Moscow-based airline attributes the positive result to an increase in passenger traffic, which rose 14.7%.

Passenger numbers climbed 21% to just under 12.5 million.

The airline carried close to 70,000 tonnes of cargo, a 5.9% increase over 2012.