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Hot Topic Budget 25
Hot Topic Budget 25
Investment
4 mins to read

We’re done talking about Covid – Auckland Airport

The country's main gateway posted an interim profit of $118.7 million, compared with just $4.8m a year ago.

Total passenger numbers through the airport increased 22% to 9.3 million movements.

Key points
  • Revenue: Up 53% to $440.5 million
  • Profit: Up 2373% to $118.7 million. 
  • Key takeaway: The company says its entered into a ‘new normal’ and pre-Covid comparison is no longer useful.

The major disruptions Covid-19 and the subsequent lockdowns caused for the travel industry is a thing of the past for Auckland International Airport, as the company has its sights firmly focused on whats ahead of it.

Fresh from reporting a strong half-year profit, the NZX-listed company’s chief

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Nicholas Pointon Thu, 22 Feb 2024
Contact the Writer: nicholas@nbr.co.nz
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Key points
  • Revenue: Up 53% to $440.5 million
  • Profit: Up 2373% to $118.7 million. 
  • Key takeaway: The company says its entered into a ‘new normal’ and pre-Covid comparison is no longer useful.
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
We’re done talking about Covid – Auckland Airport
Investment,
102853
true