Adjusted loss of Aeroflot decreased by 26% to 20 billion rubles
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The adjusted loss of the Aeroflot Group under IFRS for the first half of 2023 decreased by 26.1% compared to the same period last year, to 20 billion rubles. Operating profit for the first half of the year – 2.3 billion rubles. This is stated in the message of the airline (Kommersant has it).
“In the second quarter, we managed to bring the group to an operating profit of 2 billion 362 million rubles, while comparing the results of the reporting period with the previous year, it must be taken into account that since the second quarter of 2023, the Aeroflot group has not received subsidies to reimburse operating expenses, which significantly supported operating profit and EBITDA in 2Q 2022,” said Andrey Chikhanchin, First Deputy Director of Aeroflot.
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