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Virus hits 2Q earnings of Russian carrier Aeroflot | Malay Mail

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MOSCOW, Sept 1 — Russia’s flagship carrier Aeroflot yesterday posted steep losses in the second quarter after coronavirus travel restrictions caused a sharp reduction in flights. Aeroflot, a member of the SkyTeam alliance that includes Air France-KLM, is the leader in the Russian aviation...

Aeroflot, a member of the SkyTeam alliance that includes Air France-KLM, is the leader in the Russian aviation sector. — AFP pic

The carrier said it suffered net losses of 35.8 billion rubles between April and June, compared with a net profit of 6.9 billion rubles in the same period last year. But since March, the pandemic has slashed ridership with an 88.8 per cent reduction in numbers from Q2 last year from 15.4 to 1.7 million passengers.

 

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