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CORRECTED-Buyout target Sydney Airport's H1 loss nearly doubles on low travel

(Corrects figures in 2nd paragraph to use loss after tax rather than loss after tax attributable to security holders)

SYDNEY, Aug 20 (Reuters) - Sydney Airport Holdings Pty Ltd on Friday reported its first-half loss nearly doubled in a tough period for travel demand, days after rejecting an improved A$22.8 billion buyout offer from a consortium of infrastructure investors.

The A$97.4 million net loss at Australia’s biggest airport operator for the six months ended June 30 compares with the A $53.6 million loss reported last year.

Earnings before interest, tax, depreciation and amortisation, a measure favoured by analysts covering the stock, fell by 30% to A$210.8 million in the first half, below the Visible Alpha consensus of A$228.6 million cited by broker Jefferies. (Reporting by Jamie Freed Editing by Chris Reese)

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