Aeroflot's IFRS profit for the third quarter amounted to RUB 11.6 billion

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AK&M 29 November 2021 13:53

Aeroflot's profit under IFRS for the third quarter of 2021 amounted to 11.6 billion rubles against a loss of 21.13 billion rubles a year earlier. Revenue increased 2-fold to RUB 167.07 billion from RUB 84.86 billion, EBITDA increased 2.7-fold to RUB 54.05 billion from RUB 20.09 billion. This is stated in the company's message.

Aeroflot Group of Companies is the largest holding company in Russia, which includes a number of subsidiaries: Donavia JSC, Rossiya Airlines JSC, Orenburg Airlines JSC (Orenair), Aurora Airlines JSC (United Far Eastern Airline, made its first flight in November 2013), as well as Pobeda Airlines LLC, which carries out low-cost air transportation. 

PJSC Aeroflot - Russian Airlines (TIN 7712040126) is the largest Russian air carrier.

Aeroflot's net loss under RAS for the first half of 2021 amounted to RUB 26.3 billion against a loss of RUB 42.3 billion a year earlier. Revenue increased by 23.2% to RUB 149.9 billion from RUB 121.7 billion. The gross loss amounted to RUB 27.67 billion.

Aeroflot's net loss under IFRS for the first half of 2021 decreased by 52.4% to RUB 27.74 billion from RUB 58.27 billion a year earlier. Revenue increased by 30.7% to 195.15 billion rubles from 149.35 billion rubles, EBITDA increased by 3.7 times to 41.58 billion rubles from 11.09 billion rubles.