Transaero reports $290 million net loss in 2014; restates 2013 results

Polina Montag-Girmes May 26, 2015
Credit: Courtesy, Boeing
Russia’s Transaero Airlines has reported a 2014 net loss of RUB14.5 billion ($255 million). The company restated its 2013 financial results, reversed from a net profit of RUB788 million to a net loss of RUB13.3 billion currently (a $406 million difference, according to the exchange rates as of Dec...
Polina Montag-Girmes

Polina joined the Air Transport World team in 2011, covering Russian and the Commonwealth of Independent States. She studied journalism at Moscow State University and worked as a journalist for Russian business and airline publications since 2000.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.

 

 

Related Content

Air Arabia CEO Adel Abdullah Ali.
LCC Air Arabia CEO Talks Strategy and Lessons Learned
A Boeing 737-700 in Southwest livery.
Analysis: Can Southwest Meet Demands For Change And Keep Its Soul?
aircraft taking off
Türkiye Is Investing In Becoming The Next Hot Market
robot hand shaking human hand
AI Will Be An Important Tool For Airlines If They Avoid The Risks
Southwest Airlines Boeing 737 MAX 8 aircraft on tarmac
Why Southwest Airlines Is Making Major Service Changes
Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Commercial Aviation market - only available with AWIN.

AVD_AWIN_270

Stay Connected.
Stay Informed.
Grow Your Business.

Learn How