Ural Airlines reports net profit of around 7 bn rubles

SVERDLOVSK REGION

 

In 2021, Ural Airlines intends to earn a profit of around 5 billion rubles. Last year left the carrier with a loss of around 5.85 billion rubles, RusBusinessNews informs.

 

Over nine months, the carrier increased its revenue by 11%, while its earnings before tax went up and reached 8.4 billion rubles. The carrier’s net profit increased by 4 billion rubles and its after-tax earnings reached nearly 7 billion rubles. The information was given by the airline’s General Director Sergei Skuratov in his interview with RBC, though the General Director warned that the estimated amounts could change if affected by new lockdowns. 

 

The carrier’s total volume of loans has reached 1.24 billion rubles, demonstrating a 66% drop since the beginning of the year.