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Tag Archives: Wizz Air

Airports write-down lead to Infratil profits plunge

The plunging value of for-sale Prestwick airport contributed to a nose dive in its New Zealand owners’ profits, Infratil reported today. The firm said the Ayrshire airport and its sister at Manston in Kent were now together worth £11.4 million compared to £38 million a year ago. They had been valued at £44m in 2011. Infratil said the write-down had …

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