Aeroflot reports healthy nine-month figures

Russian flag-carrier Aeroflot group revenues increased by 23.2% year on year in the first nine months of 2016, while cargo revenue rose by 27.1% to 8.2bn roubles ($129.2m) as cargo and mail volumes rose by 24.1%.
Shamil Kurmashov, PJSC Aeroflot deputy chief executive for commerce and finance, commented: “Our results for the first nine months of 2016 underscore our successful conclusion to the third quarter of the year, the key quarter for airlines and the one that traditionally forms the basis for the full-year financial results."

Share this story

Related Topics

Latest airlines news

Wickler to step down as Cargolux chairman

By Damian Brett

Christianne Wickler will step down from her position as chairman of the board of Cargolux Airlines in April. Wickler will…

Read More

Share this story

Lufthansa Cargo’s Ashwin Bhat to be new chief executive

By Rebecca Jeffrey

Lufthansa Cargo has selected chief commercial officer Ashwin Bhat to be its new chief executive. He is due to take…

Read More

Share this story

Air Canada adds Liege freighter flights

By Damian Brett

Air Canada Cargo has completed its first flight to Liege as part of plans to expand operations in Europe. The…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.