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Queenstown Airport delivers record dividend as capex spend looms

Total aircraft movements up 5%, while international passenger movements were up 16.3% year-on-year.

Will Mace Wed, 21 Aug 2024
Key points
  • Revenue: $64.7m, up 9%.
  • Normalised Profit: up 5% to $23.2m.
  • Main takeaway: Dividend of $19.6m goes to Auckland Airport and QLDC.

Queenstown Airport Corporation will deliver a record full-year dividend of $19.6 million to its shareholders, which include NZX-listed Auckland Airport and Queenstown Lakes District Council.

In publishing the airport corporation’s annual results today, chair Adrienne Young-Cooper noted the company

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Will Mace Wed, 21 Aug 2024
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: $64.7m, up 9%.
  • Normalised Profit: up 5% to $23.2m.
  • Main takeaway: Dividend of $19.6m goes to Auckland Airport and QLDC.
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Queenstown Airport delivers record dividend as capex spend looms
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