Russian flag carrier Aeroflot said on Thursday its revenues this year would rise 30 percent, but profits would fall on the back of high jet fuel prices.
"I think we can expect (a fall in profit)... This year fuel prices are having a colossal effect on us," Aeroflot's deputy director Mikhail Poluboyarinov told reporters.
Aeroflot plans to increase ticket prices by 8-10 percent, up from the previously planned 5-6 percent.
Earlier on Thursday Aeroflot reported a 21.4 percent rise in full-year 2007 net profits to USD$313.4 million.
