Aeroflot's loss under IFRS for 9 months amounted to RUB 16.1 billion

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AK&M 29 November 2021 13:50

Aeroflot's loss under IFRS for 9 months of 2021 amounted to RUB 16.1 billion against a loss of RUB 79.4 billion a year earlier. Revenue increased by 54.7% to RUB 362.22 billion from RUB 234.1 billion, EBITDA increased by 3.1 times to RUB 95.6 billion from RUB 31.18 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.