Russian flag carrier Aeroflot reports adjusted net loss in Q1
Russian flag carrier Aeroflot reports adjusted net loss in Q1
Published by Global Banking and Finance Review
Posted on May 30, 2025
Published by Global Banking and Finance Review
Posted on May 30, 2025
(Reuters) - Russian flag carrier Aeroflot on Friday reported an adjusted net loss of 3.4 billion roubles ($43.31 million) in the first quarter of 2025, down from net profit of more than 6 billion roubles in the same period a year ago.
Revenues for the quarter rose 9.6% year-on-year to 190.2 billion roubles and earnings before interest, tax, depreciation and amortisation (EBITDA) fell 17.4% to 49 billion roubles, Aeroflot said.
Aeroflot said its profits had been adjusted by exchange rate revaluations.
($1 = 78.5000 roubles)
(Reporting by Gleb Stolyarov and Alexander Marrow; Editing by Tomasz Janowski)
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