8 Jul '08 | South West | Transport, logisticsE-mail this story

Kubani Airlines votes to reinvest $11.4m 2007 profit


Kubani Airlines votes to reinvest $11.4m 2007 profit
Anatoly Goloshapov, Aviatsionnye Linii Kubani's financial director, has reported that the company will re-invest its 2007 profits of $11.4m rather than pay dividends.

Mr. Goloshapov said that company's profit was primarily due to the airline's new routes from Krasnodar to Sochi and Norilsk.

For FY 2006, the airline reported a $3.7m loss.



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Krasnodar; Krasnodarsky kray; Kuban; Kubanskaysa oblast; Norilsk; Krasnoyarsky kray; Sochi
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airline (44) / dividends (35) / Aviatsionnye Linii Kubani (0) / Anatoly Goloshapov (0) /
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