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Post by kirmingtonuser on Jun 1, 2017 22:16:28 GMT
On 30th May the Grimsby Telegraph published the Eastern Airways results as reported by Bristow.
Year ended 31st March 2016 Operating revenue £103m Adjusted earnings £10.0m
Year ended 31st March 2017 Operating revenue £85m Adjusted loss (£3.3m)
President and Chief Executive, Jonathan Baliff stated that the downturn will continue into the 2018 financial year. Sequential quarterly improvement will kick in by the second half of the financial year as new contracts start.
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