Tag: passenger flight

3-Month Losses of Major Russian Airlines Reached $376 mln in Q1 2016

Reading Time: 2 minutes In the first quarter of 2016, the operating losses of major Russia airlines amounted to RUB 24 billion ($376 million), the Kommersant reported referring to the Association of Air Transport Operators (AATO). AATO President Vladimir Tasun informed the paper that the biggest air carriers of Russia posted losses amounting to RUB 25.6 billion in the […]