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17 May 2004 23:36
UTair boosts 2003 net 34.4%
MOSCOW. May 17 (Interfax) - The UTair airline boosted net profits 34.4% year-on-year to 83.068 million rubles, the company said in its report. Accounts payable decreased of 1.052 billion rubles from 1.184 billion rubles, while short-term receivables increased to 1.874 billion rubles from 1.566 billion rubles. UTair has one of the world's biggest helicopter fleets. The Khanty- Mansiisk Autonomous District owns 25% and the City of Surgut owns 18.8% of the airline. [RU ASIA EUROPE EEU EMRG AIR CORA] pr
[Interfax]
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