Winter Olympics offer big profit gains to Aeroflot
[NEW YORK] OAO Aeroflot and Yandex NV are among Russian companies that stand to benefit the most from the Winter Olympics in Sochi, according to Otkritie Financial Corp.
While Moody's Investors Service said on Wednesday the Olympics are unlikely to spur faster growth in Russia, the games will generate higher profits for Aeroflot, the country's biggest airline, and Yandex, the largest online search engine service, according to Otkritie.
Aeroflot increased the number of regular Moscow-to-Sochi daily flights to 15 from five, according to data from its website.
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