Aeroflot expects to lose EUR716m of income to rouble devaluation and rising fuel costs

14 November, 2018

Aeroflot CEO Vitaly Savelyev expects RUB55 billion (EUR716 million) in lost income for 2018, due to the rouble devaluation and an increase in fuel costs (Kommersant/TASS, 13-Nov-2018). Mr Savelyev said fuel costs increased 35% year-on-year and are expected to reduce income by RUB32.8 billion (EUR427 million).