Airwork lifts earnings guidance as new customers come with bigger fleet

Sun, 12 Jun 2016

By Paul McBeth June 13 (BusinessDesk) - Airwork Holdings, the aviation service provider, raised its annual earnings guidance after signing new customers from its expanded fleet. Net profit is expected to exceed $22 million in the year ending June 30, up from previous guidance to exceed $21 million, and up from $15.5 million in the 2015 year, it said in a statement. Airwork has expanded its Boeing 737 fleet, which it says will number 19 in the first half of the 2017 financial year, more than twice the nine planes it operated in 2014. ...

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