Transaero cuts loss and aims for profit

1999-04-21T00:00:00

Russian carrier Transaero made a loss of Rb355 million last year ($16.7 million at end-of-year exchange rates), down from Rb374 million in 1997. The Moscow Sheremetyevo Airport-based carrier - Russia's third largest - has reported turnover of Rb1.9 billion for last year, compared with Rb1.7 billion in the previous 12 ...

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