Pandemic smashes Airways’ profit down 233%
Government granted the state-owned enterprise a $95m capital facility in August.
State-owned air traffic controller Airways Corporation’s profit fell 233% in the 12 months to June 30 as Covid-19 ground air traffic to a halt.
Airways posted a $31.3 million loss for its 2020 financial year, including a $48.7m impairment to its asset base.
The government closed New
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