16 Jul 2009 14:31

Volga-Dnepr boosts net profit 31% in 2008; expects profit in 2009

MOSCOW. July 16 (Interfax) - Russian air transportation group Volga-Dnepr boosted net profit 31% in 2008 to $41.2 million under International Financial Reporting Standards (IFRS), Senior Vice President Sergei Shlyanik told journalists.

Consolidated revenue rose 49% to $1.48 billion in 2008.