By Graeme Kennedy
Friday 23rd May 2003 |
Text too small? |
The Seattle jet-builder's profit for the year fell 18% to $US2.32 billion on revenues 7% lower at $US54 billion.
The Sars outbreak was a severe blow to the industry, which had expected gradual recovery after the Iraq war, Mr Condit said.
It continued to stifle air travel and forced many airlines including Air New Zealand to cut capacity while others have deferred orders from Boeing and European rival Airbus.
"Sars is still an unknown. Obviously if it became a global epidemic it would be a big deal but right now it is a classic reaction to the unknown which is sidelining passengers."
No comments yet
July 8th Morning Report
Half-way predictions scorecard
SKT - Sky appoints new Chief Financial Officer
July 7th Morning Report
CDC Independent Valuation - 30 June 2025
TruScreen Group Limited SPP Update
THL provides updated guidance
CEN - Greymouth gas deal
July 4th Morning Report
July 3rd Morning Report