Business
PALLAS: Revenue fell 24% in H1 2025, with ongoing liquidity risks and no guidance for the year
PALLAS: Revenue fell 24% in H1 2025, with ongoing liquidity risks and no guidance for the year
About this update from Pallas Air Plc
Revenue declined 24% year-over-year in H1 2025 due to delayed financing and project deliveries, but cost-saving measures improved operating loss. Liquidity and going concern risks remain high, with refinancing efforts ongoing and no 2025 guidance issued.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.