UTair net income almost triples in H1 2012

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UTair Aviation's net income almost tripled to 226 million roubles ($7.12 million) in the first half of 2012, compared with Rb80.8 million in the first half of 2011.

Revenues for the six months to 30 June increased 30.8% year-on-year to Rb27.2 billion as profit from sales increased 18.7% to Rb1.35 billion.

Passenger numbers at the airline increased 40.9% to 3.88 million.