Business
Sydney Airport reveals extent of financial damage from COVID-19 – NEWS.com.au
Sydney Airport reveals extent of financial damage from COVID-19
Sydney Airport has revealed the extent of the financial damage caused by the coronavirus pandemic, prompting the major travel hub to ask shareholders for additional capital. The major airport has booked a $51.8 million loss for the six months ending June 30, a 125.9 per cent decline compared with the same period in 2019.
Sydney Airport’s financial rupture is a direct result from COVID-19 wiping out the global aviation industry, significantly reducing airport activity by more than 90 per cent si…
-
General19 hours agoFootballers and movie stars: PM’s Shanghai tourism push
-
Business17 hours agoThis artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025
-
General16 hours ago‘Hidden and radical’ power of First Nations women unlocked in big hART’s Punkaliyarra project
-
General18 hours agoWest Indies-Australia live: Third day-night Test in Jamaica