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UTair to nearly double passenger numbers in 2014

Discussion in 'Latest Airline News' started by Lee Ferrara, Dec 21, 2013.

  1. Lee Ferrara

    Lee Ferrara Administrator Staff Member

    Oct 9, 2012
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    San Diego, CA
    United States United States
    Russia’s UTair Airlines expects to carry 13 million passengers in 2014, up 43% from 2013. Revenue is expected to exceed RUB95 billion ($ 2.88 billion). In 2013, the airline’s first-half revenue rose 32.5% to $ 989.8 million while profit dropped 63% to $ 8.73 million.

    According to UTair’s business plan, the growth will be due to its fleet renovation plan. The airline will take delivery of 22 modern aircraft, including Airbus A321s, Boeing 737-800s, 737-900s and Sukhoi Superjet SSJ100s. By the end of the year, it plans to ground more than 50 aircraft, including its Soviet-era Tupolev Tu-154s .

    MORE: http://airsoc.com/articles/view/id/...ir-to-nearly-double-passenger-numbers-in-2014

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