AERZY - Aeroflot's Flight To New Lows Is A Bit Delayed But Inevitable Overall
The coronavirus has given rise to new serious concerns about Aeroflot (AERZY). The company is about to face a full stoppage of its business as international flights are already fully suspended, and only some domestic routes are still operational. I expect a long recovery of airline business in Russia after the coronavirus pandemic, so if you're looking for a once-in-a-lifetime investment opportunity in the airline sector, Aeroflot is definitely not a company worth considering.
Q4 Results Highlights
The revenue of Aeroflot for 2019 is up 10.8% YoY to 677.9 billion rubles. Revenues from regular passenger