Transaero Airlines’ net profit goes down

Transaero Aviation Company reports that its net profit decreased considerably in the third quarter of 2011, that is, from 494.31m RUR down to 402.34m RUR, or 18.6%.

The company explains this has to do with the seasonal variations and says that at the same time its profits went up by 35% and revenues rose by 50% compared with the third quarter of 2010.