Vinci: restructuring plan at London Gatwick
(CercleFinance.com) - Vinci has said that, as it announced its H1 results, London Gatwick Airport (50.
01%-owned by its subsidiary Vinci Airports) has announced a restructuring plan to reduce its costs due to the sharp fall in traffic. In August, the number of passengers at the airport fell by over 80% y-o-y. London Gatwick states that it has entered into discussions with its lenders, in light of the forecast impact on its financial covenants. Copyright (c) 2020 CercleFinance.com. All rights reserved. |
19/04/2024 18:06
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