Today, Aeroflot Group publishes its consolidated financial statements for the year ending December, 31 2019, in accordance with International Financial Reporting Standards, noting “a 9.0% increase in passenger traffic to 60.7 mio led to a 10.8% increase in revenue, which totaled RUR 677.9 bln ($10.8 bln). For shareholders, the key financial highlight of the year was a significant increase in net profit to RUB 13.5 bln.”
The number of passengers carried by the airline in 2019 grew by 9% to 55,710K while operating costs increased by 12.1%, finance income decreased by 19.5%, finance costs decreased by 59.5%, and total debt in accordance with IFRS 16 decreased by 13.1%.