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Air Macau reports USD24.4 million loss in 1H08

16-Sep-2008

Troubled Macau flagship carrier, Air Macau, has posted a USD24.4 million loss in 1H08, exceeding 50% of its registered capital. The airline is now forced by Macau law to seek fresh funding or declare bankruptcy. [252 words]

Unlock the following content in this report:

Subheadings:

  • Passenger numbers in 1H08 down 11.9% year-on-year

Graphs and data:

  • Air Macau's international capacity share: Sep-08
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