Aeroflot announces half year results

In the six months ended 30 June 2017, Aeroflot Group posted revenue of RUB 234,860 million, which was up by 4.9% year-on-year. EBITDAR reached RUB 46,057 million, with a margin of 19.6%. EBITDA reached RUB 15,403 million, with a 6.6% margin. Net income totalled RUB 2,890 million. Shamil Kurmashov, PJSC Aeroflot Deputy CEO for Commerce and Finance, credited the group’s 16.6% year-on-year growth in passenger numbers to 23.0 million on increasing demand for air transportation, and respective need for additional passenger capacity. Passenger capacity on international and domestic routes increased by 18.8% and 11.9%, respectively, while the passenger load factor