Global Traffic Network: $40m loss and choppers for sale
GTN is selling off its Australian fleet of choppers
Global Traffic Network (GTN) has posted a $40.9m loss for the first half of the financial year, with revenue down by 14.7%.
GTN, which runs the Australian Traffic Network updates that appear in most Australian radio networks, has also written down the entire value of its UK operation, and decided to retire and sell its fleet of helicopters.
For the half ending December 31 2025, GTN posted $82.5m in revenue, a $14.2m fall.