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Eastern European airlines no.3 Aeroflot in expansive mood and a buyer of first resort

23-Jun-2008

This is the Perspective from today's edition of Europe Airline Daily - the comprehensive new pre-digested daily update on strategic news from Europe, saving you time and keeping you right up to date. Complimentary subscriptions to this report are currently available. Register now!

Last week’s annual report confirmed Aeroflot as one of the more profitable airlines in the world. Reporting calendar year 2007 net profit up by 21.4% (to USD313.4 million) on 27.3% higher revenues, the transformed former USSR behemoth has become an aggressive and competitive Russian flag carrier strategically placed at the centre of one of the world’s fastest growing economies. [692 words]

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