July 28, 2020 / 4:34 PM / 10 days ago

Spain's airport operator Aena swings to first half loss as air travel plunges

FILE PHOTO: The logo of Spanish airports operator Aena is seen on the top of a welcoming sign outside Adolfo Suarez Barajas airport in Madrid, Spain, March 9, 2016. REUTERS/Sergio Perez

MADRID (Reuters) - Spanish airport operator Aena swung to a 170.7 million euro (155.3 million pounds) loss in the first half of 2020 from a profit of 559 million euros a year ago, it said on Tuesday, as the coronavirus pandemic brought global air travel to a near standstill.

Aena’s revenue almost halved over the same period to 1.09 billion euros from 2.07 billion euros. Earnings before interest, taxes, depreciation and amortization were just 211.4 million euros for the first six months of the year, against 1.19 billion euros a year earlier.

Reporting by Clara-Laeila Laudette; Editing by Nathan Allen

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