Airline

Irkut’s full-year net income drops 38.6%

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Irkut’s full-year net income drops 38.6%

Russian aircraft manufacturer, Irkut Corp. has reported a 38.6% drop in net income to RUB1.043 billion ($28.08 million) for 2013. Revenue rose however by 19.6% to RUB58.142 billion, mainly due to the success of its military aircraft division. The fall in net profit fall is mainly due to its civil MC...

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