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Airways New Zealand falls to $14 million loss for six months

Airways New Zealand falls to $14 million loss for six months
2 Mar, 2021 04:24 AM
4 minutes to read
Airways has seen traffic plunge during the past six months. Photo / Brett Phibbs
Airways has slumped to a $13.8 million loss for the six months ending December 31, 2020.
This compared an after-tax profit of $16.2m for the same period the previous year for what pre-Covid had been a fast-growing aviation sector where Airways is a monopoly supplier for airlines.
The air navigation services provider says despite domestic air traffic levels improving more quickly than expected from July to December in 2020 - reaching 80 per cent of pre-pandemic levels by the end of the period- this reduced traffic combined with limited international flights meant 56 per cent of pre-pandemic revenue. ....

Hawke Bay , New Zealand General , New Zealand , New Plymouth , Graeme Sumner , Air New Zealand , Airways International Limited , Civil Aviation Authority , Auckland Airport , Kapiti Coast , Milford Sound Piopiotahi , September Airways , International Limited , பருந்து வளைகுடா , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , புதியது ப்லிமத் , கிரேம் சம்னர் , அேக புதியது ஜீலாந்து , வானெறிக்குழுப்பெயர் சர்வதேச வரையறுக்கப்பட்டவை , சிவில் விமான போக்குவரத்து அதிகாரம் , ஆக்லாந்து விமான , செப்டம்பர் வானெறிக்குழுப்பெயர் , சர்வதேச வரையறுக்கப்பட்டவை ,