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Auckland Airport upgrade on schedule but outlook remains cloudy

Airport's shares drop as conservative guidance rests on shifting aviation market.

Cranes hover over Auckland Airport at dawn.

Will Mace Thu, 21 Aug 2025
Key points
  • Revenue: Up 12% to $1 billion
  • Profit: Up 12% on an underlying basis to $310.4m
  • Main takeaway: Expected result belies continued slow aviation recovery.

Auckland International Airport’s integrated terminal construction project is about 35% complete more than six months after the company said it was “nearly a third” done, but CEO Carrie Hurihanganui says it’s all on schedule.

The cost and scope of the project has been a bone of contention

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Will Mace Thu, 21 Aug 2025
Contact the Writer: william@nbr.co.nz
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Key points
  • Revenue: Up 12% to $1 billion
  • Profit: Up 12% on an underlying basis to $310.4m
  • Main takeaway: Expected result belies continued slow aviation recovery.
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Auckland Airport upgrade on schedule but outlook remains cloudy
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