Airport expects more turbulence after drop in profits

Birmingham Airport expects another "challenging year" after profits fell 10% last year. The airport has seen passenger numbers fall in the wake of Monarch's collapse last autumn, which contributed to a difficult second half of its financial year. Profits in the year to March were down £3.6m to £34.5m despite turnover increasing by nearly £10m to £155.5m. Passenger numbers last summer reached record levels, with August 2017 the busiest month in the airport's history. However Monarch, which was the airport's third-largest c... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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