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Russia's Aeroflot posts 21% net income rise to $313 mln in 2007

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MOSCOW, June 19 (RIA Novosti) - Russia's flagship air carrier Aeroflot said on Thursday its net income calculated to International Financial Reporting Standards (IFRS) increased 21.4%, year-on-year, in 2007 to $313.4 million.

Aeroflot, which holds a 45% market share of regular international flights to and from Russia, said revenues in the reporting period grew 27.3% to $3.81 billion and earnings before interest, taxes, depreciation and amortization (EBITDA) climbed 49.4% to $723 million.

Aeroflot annually carries more than 8 million people or over 10 million together with its subsidiaries, approximately 25% of all passengers transported by Russian airline carriers. The company flies to 96 destinations in 49 countries.

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