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21-Jan-2021 10:14 AM

Pobeda records EUR16m net profit for 2020

Pobeda reported (20-Jan-2021) a RUB1.4 billion (EUR15.7 million) net profit in 2020, despite the impact of coronavirus on the LCC's operations. Pobeda general director Andrey Kalmykov noted the LCC recorded an approximately 10% year-on-year decrease in passenger traffic for 2020, with an average load factor of 92%. [more - original PR - Russian]

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