posted on February 20, 2013 14:34
UTair Aviation has been ranked 23rd among the top 100 most valuable companies in Russia according to the Russian monthly business magazine RBK.
UTair Aviation market capitalization as of December 20, 2012 amounted to $411 million, 28.4 percent more than in 2011. Only public companies offering securities through a stock exchange and with at least one transaction during the past three months of 2012 were eligible for ranking on the list.
UTair Group is among the leading three companies in the Russian air transportation market and the world leader according to the size of its helicopter fleet. For the period from January to December 2012, UTair Group aircraft transported 9,385,398 passengers, 24.3 percent more than in 2011. Traffic increased by 29.4 percent over the previous year and reached 16,072,900.2 PKM. According to data from the Transport Clearing House, the average Russian industry growth in this performance indicator was 17.3 percent.
UTair shares (ticker symbol: UTAR) are listed on the A Level 1 Quotation list of the List of Common stocks on the Moscow Exchange.
UTair Group consist of a range of companies performing air transport operations, maintenance and repair of aircraft and rotorcraft, training of flight personnel, flight services and sales. UTair Aviation is the core enterprise of UTair Group, consisting of UTair Aviation, UTair Express, UTair-Ukraine s.r.o., UTair-Cargo, Turukhan Airlines, Nefteyugansk, Vostok, Helisur, UTair Europe s.r.o., UTair South Africa Ltd and UTair India alongside UTair-Technik and UTair Engineering. UTair Group headquarters are located in Surgut, with subsidiaries in Surgut, Tyumen, Khanty-Mansiisk, Moscow and other cities of Russia and around the globe.