|Bid||0.0000 x N/A|
|Ask||0.0000 x N/A|
|Day's Range||3.9400 - 3.9400|
|52 Week Range||3.9400 - 3.9400|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Despite growing demand fears due to new outbreaks of covid across Asia, oil prices have remained resilient this week
Russian airline Aeroflot does not see the need for new borrowing in the near future after creating a safety cushion ahead of the autumn season, Chief Financial Officer Andrey Chikhanchin told Reuters. The airline has 24 billion roubles of undrawn loans under state guarantees in reserve, Chikhanchin said. It has not experienced difficulty financing its activities during the summer but secured liquidity ahead of the traditionally difficult autumn season, he said.
Russia's top airline Aeroflot is restoring Soviet-era routes hoping that direct flights which bypass traditional hubs help increase traffic amid closed borders, CEO Mikhail Poluboyarinov told Reuters. Like many other airlines globally, Aeroflot received a cash injection from the government, its controlling shareholder, last year to support it through the pandemic. The company is now talking to the government about issuing state-guaranteed debt, Poluboyarinov said in an interview, and is adding new domestic routes so people can fly between cities including resorts avoiding hubs such as Moscow.