Transaero Airlines (Moscow) has issued the following short statement concerning its financial performance during 2012.

Transaero Airlines has published its financial results under RAS for 2012 which demonstrate the Company’s growth.

• Revenue from all activities in 2012 reached RUB 97.6bln, 13% more than in 2011
• Traffic revenue from in 2012 made up RUB 90.3bln, a 35% increase on 2011
• Revenue from asset transactions decreased by 64% and reached RUB 6.8 bln
• The Company’s revenue grew faster than prime costs and expenses.
• Transaero’s sales revenue increased 2.9 times over 2011, to RUB 7 bln

Net profit reached RUB 902 million ($28.7 million), a 51% decrease over 2011. The Company’s profit was mainly ensured by revenues from the main carrier’s activities. Transaero has achieved these results amid a significant growth of air fuel price, social payment and taxes.

In other news, the Russian airline added twice-weekly Boeing 737-500 service from St. Petersburg to Kaliningrad on May 12 in competition against Rossiya Airlines per Anna Aero.

Kaliningrad is a seaport city and the administrative capital of the Kaliningrad Oblast, the Russian exclave located between Poland and Lithuania on the Baltic Sea. This enclave is geographically separated from the rest of Russia.

Copyright Photo: Andi Hiltl/AirlinersGallery.com. Boeing 747-446 EI-XLD (msn 26360) approaches the Turkish resort destination of Antalya.

Transaero Airlines: