Koltsovo Airport Reports Revenue Drop

In the first half of 2011, the revenues of Yekaterinburg-based Koltsovo Airport amounted to 2.15bn RUR, which is a little less than the figure for the first half of 2010. The airport explains the decrease in revenues has to do with the seasonal variations of the air travel market.

The company’s net profit increased to 260.79m RUR against the 559m RUR loss in the first half of 2010.