Airline

First half loss for UTair

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First half loss for UTair

UTair Airline has reported a net loss of RUB684.9 million ($10.7 million) for the first half of the year, which compared to the same period a year ago has narrowed from a loss of RUB1.77 billion. Revenue was up by 13.5% to RUB33.7 billion compared to a year ago but operational costs rose by 20% to R...

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