Significant turnaround in financial performance for Glasgow Prestwick Airport
* Revenue increase and operational efficiencies drive profitability * Coronavirus impact on passenger revenues unlikely to recover soon Glasgow Prestwick Airport has reported a significant turnaround in its financial performance, reporting an underlying operating profit of £3m (subject to audit) for the 12 months to 31 March 2020, compared to a £1m loss the previous year. Revenue increased by 46% year-on-year to £36m, up from £24.6m the previous year. Stewart …
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