Transaero Airlines’ net profit goes down

7 November 2011 (09:25)

Transaero Aviation Company reports that its net profit decreased considerably in the third quarter of 2011, that is, from 494.31m RUR down to 402.34m RUR, or 18.6%.

The company explains this has to do with the seasonal variations and says that at the same time its profits went up by 35% and revenues rose by 50% compared with the third quarter of 2010.

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