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Aviation News
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Airways interim profit $2m higher than forecast

The state-owned air navigation system provider saw revenue lift by a quarter.

NBR Staff Fri, 01 Mar 2024
Key points
  • Revenue: Up 24% to $127 million.
  • Profit: Up 436% to $13.4m.
  • Key takeaway: The aviation sector continues to rebound from the Covid-19 pandemic. 

State-owned air navigation system provider Airways has landed an after-tax profit $1.9 million higher than forecast as air traffic volumes continue to grow following Covid-19.

Airways said today that its after-tax profit for the six months ended December 31 was $13.4m, more than quadruple the same

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NBR Staff Fri, 01 Mar 2024
Contact the Writer: editor@nbr.co.nz
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Key points
  • Revenue: Up 24% to $127 million.
  • Profit: Up 436% to $13.4m.
  • Key takeaway: The aviation sector continues to rebound from the Covid-19 pandemic. 
Airways interim profit $2m higher than forecast
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