June 7, 2006, Moscow. -Net profit of "Aeroflot - Russian airlines" JSC op. for 2005 amounted to 189.8 Mio USD exceeding the last year's index by 10.3% or by 17.7 Mio USD according to International Financial Reporting Standards (IRFS).
The profit of "Aeroflot" JSC op. according to IRFS in comparison with the year 2004 has increased in general by 17.64% or by 380.8 Mio USD and has amounted to 2,539.6 Mio USD. The expenses have increased by 17.22% or by 337.5 Mio USD and have amounted to 2,297.5 Mio USD.
The positive result is achieved due to active work of Aeroflot's management with the aim to increase income and decrease expenses.
According to Deputy Director General for Finances and Planning of "Aeroflot - Russian airlines" JSC op., Mikhail Poluboyarinov, the operating result could be better, if it were not for increase of expenses under the airline's main items of expenditures - aviation fuel, airport services, aerial navigation. In year 2005 in particular, the expenses for aviation POL increased by 245.1 Mio USD or by 49.4%, and expenses for servicing of aircrafts in airports, for aerial navigation and for airport charges increased by 36.4 Mio USD or by 11.7%.
"Aeroflot - Russian airlines" JSC op. has its headquarters in Moscow, Russia, airport Sheremetyevo. The airline was founded in 1923. It is the largest air carrier on the international and internal lines, which accounts for 39% of international and 11% of internal air service market in Russia. Aeroflot is the member of Sky Team global air alliance, which has been acknowledged "The best air alliance" by the readers of Global Traveler Magazine. In the year 2005 the company carried 6.8 million passengers to 89 cities of 47 countries. Aeroflot makes 302 flights per day, its aircraft fleet consists of 88 aircrafts. You can learn more about Aeroflot on the following sites: www.aeroflot.ru and www.skyteam.com