Eastern Airways' profits slide in 2009
Eastern Airways reports the following financial highlights in 2009 (Press & Journal, 29-Sep-2010):
- Profit before tax:
- Eastern Airways (Europe): GBP1.2 million, -63.1%;
- Eastern Airways (UK): GBP2.4 million, -4.3%;
- Passenger numbers: n/a, +7%.
The carrier stated 2009 results were affected by exceptional start-up costs of GBP963,000 relating to a new long-term contract with Bristol Helicopters and GBP478,000 in restructuring and termination costs.