23-Mar-2011 11:42 AM

Aeroflot profit up in 2010 under IFRS

Aeroflot reportedly reported a 2.3-fold increase year-on-year in net profit to USD280 million, on the back of a 33.4% jump in revenue to USD3800 million in 2010 under international financial reporting standards (Interfax, 22-Mar-2011). The carrier also reported a 22.1% increase in EBITDA to USD630 million.