August 13, 2019 / 6:24 AM / 2 months ago

John Menzies reports first-half loss

(Reuters) - Aviation servicing company John Menzies Plc (MNZS.L) on Tuesday reported a first-half loss compared to a profit last year, hit by weak cargo volumes and cuts in flight schedules because of the global grounding of Boeing’s (BA.N) 737 MAX jets.

The British company, which offers ground handling, fueling and cargo handling services for airlines, said it posted a pretax loss of 4.4 million pounds ($5.31 million) in the six-month period, from a profit of 8.3 million pounds a year earlier.

Reporting by Pushkala Aripaka in Bengaluru

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below