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
PGW Guidance Update
CNU - Commerce Commission releases draft expenditure decision
Spark announces departure of Product Director
TGG - T&G appoints new Director
April 18th Morning Report
SKC - APPOINTMENT OF CHIEF EXECUTIVE OFFICER
Devon Funds Morning Note - 17 April 2024
Consultation opens on a digital currency for New Zealand
TWL - TradeWindow's $2.2 million capital raise now unconditional
April 17th Morning Report