Aeroflot: second best 2015 operating margin of European legacy airlines despite Russian recession
Aeroflot - Russian Airlines | March 04, 2016
Aeroflot Group's operating profit almost quadrupled in 2015. Among listed European legacy airlines, its 10.6% operating margin placed it behind only Icelandair, but ahead of IAG (these were the only others in double digits). This was achieved in spite of the severe recession in Russia, a nation which has been badly affected by falling oil prices and geopolitical events.