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AIRLINES & AIRPORTS

Wizz Air 3Q Profit Falls 57% on Rising Fuel, Labor Expense

Wizz Air reported a third-quarter net profit of €14 million ($16.8 million), down 57% on the year-ago period, despite strong ticket and ancillary revenues as well as passenger growth.

Putin Inspected Platov International Airport

As part of his working trip to Rostov-on-Don, Vladimir Putin inspected Platov International Airport located 30 km away from the city and commissioned in December 2017.

Aeroflot Group Carried a Record 50 Million Passengers in 2017

Russia’s Aeroflot Group, which comprises Aeroflot, Rossiya Airlines, Pobeda Airlines and Aurora Airlines, carried a total of over 50 million passengers in 2017, up 15.4% year-on-year.