Diversification delivers for Airwork as 1H profit rises 47%

Wed, 24 Feb 2016

By Fiona Rotherham Feb. 24 (BusinessDesk) - Airwork Holdings, the aviation industry service provider, has boosted first-half profit and earnings per share by 47 percent with growth across both its fixed wing and helicopter businesses on the back of fleet expansion and finding customers in new sectors. Net profit for the six months ended Dec. 31 was $11.6 million compared to $7.8 million a year ago, the Auckland-based company said in a statement. Airwork owns, operates, leases, and maintains helicopters and fixed wing aircraft and has a...

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