Aurigny Air Services expected to report GBP4.6m loss in 2016, GBP3m above budget

Aurigny Air Services is expected (03-Oct-2016) to report a GBP4.6 million loss in 2016, GBP3 million more than forecast due to costs relating to the introduction of new Dornier aircraft, maintenance and declining passenger numbers, according to Guernsey States Annual Budget 2017. The carrier reported a loss of GBP2.55 million in 2015, above its predicted loss of GBP2.3 million. It is expected to report annual losses of between GBP4 million to GBP5 million between 2017 and 2019. [more - original PR]