March 12, 2020 / 7:46 PM / 23 days ago

New Zealand's Auckland International Airport cuts 2020 profit view on COVID-19 impact

March 13 (Reuters) - New Zealand’s Auckland International Airport Ltd on Friday cut its full-year profit outlook due to the coronavirus-led plunge in passenger demand.

The country’s biggest airport operator revised down its 2020 underlying profit after tax to between NZ$210 million and NZ$235 million ($129.1 million-$144.4 million) from the prior range of NZ$260 million and NZ$270 million announced last month. ($1 = 1.6273 New Zealand dollars) (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Arun Koyyur)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below