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25-Jun-2020 8:29 AM

CPH expecting major negative earnings impact from COVID-19 crisis

Direct News Source

The travel restrictions and border closings imposed as a result of the COVID-19 pandemic have dealt a severe blow to the aviation industry. Copenhagen Airports A/S (CPH) has also been affected with passenger traffic reduced to levels not seen since World War II. This has had a negative effect on the company's financial guidance for 2020, and CPH now expects to incur a loss for the full year.

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This press release was sourced from Copenhagen Airports A/S on 24-Jun-2020.