UTair profits increase in 1H2012

UTair revenue up 31% - financial highlights for six months ended 30-Jun-2012 (according to Russian Accounting Standards):

• Revenue: RUB27,151 million (EUR686.2 million, +31% year-on-year;
• Operating costs: RUB25,801 million (EUR652.1 million), +32%;
• Profit on sales: RUB1350 million (EUR34.1 million), +19%;
• Net profit: RUB225.6 million (EUR5.7 million), +179%;
• Passenger numbers: 3.9 million, +41%. [more - original PR - Russian]

*Based on the average conversion rate at EUR1 = RUB39.5679 for the period