Ural Airlines summed up the results of the first half of 2021.

Ural Airlines summed up the results of the first half of 2021.

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12.08.2021
Operating indicators for 6 months of 2021 are very close to the pre-crisis level of 2019:
  • Flight hours on the aircraft fleet amounted to 82.2 thousand flight hours (88% by 2019);
  • Completed 27 814 flights (95% by 2019);
  • Passenger traffic: 3,759 thousand passengers (89% by 2019). Of these, the airline carried almost 25% of passengers on international flights, becoming the second Russian carrier in this segment in six months.
The main financial indicators for the 1st half of the year have a pronounced positive trend:
  • Revenue amounted to 40.2 billion rubles. (In 2019 - 37.0 billion; + 9%) .;
  • Following the results of six months, the company received a net profit of 2.1 billion rubles. (for the six months of 2019, a loss of 1.4 billion);
  • The debt burden on external borrowing decreased relative to the beginning of 2021 (by 3.9 billion rubles or more than two times);
Despite the fact that the first half of the year is traditionally a "low" season for the passenger air transportation industry, in this period the company managed to smooth out the negative effect of 2020, to significantly restore the level of equity capital, and also to fulfill all obligations to counterparties to repay provided in the crisis 2020. ... deferred payments. It is important to note that the availability of flights on the airline's flights within the Russian Federation has increased due to a decrease in the tariff by an average of 400 rubles relative to the same period in 2019.

The positive result of the airline's activities became possible thanks to a comprehensive cost-cutting program and continuous optimization of all processes, including the most flexible operational management and efficient operation of the aircraft fleet, adjusting the geography of flights, and improving IT technologies.