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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.

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