Auckland Airport 1H profit rises 11 percent on growth in domestic passenger traffic

Auckland Airport 1H profit rises 11 percent  on growth in domestic passenger traffic
Feb. 21 (BusinessDesk) – Auckland International Airport, the nation’s busiest gateway, posted an 11 percent increase in first-half profit and lifted its full-year guidance as growth in domestic passenger traffic made up for a decline in those from overseas. Profit rose to $76.9 million in the six months ended Dec. 31, from $69 million a year earlier, the company said in a statement today. Sales rose 3.6 percent to $223.6 million. Profit and sales beat First NZ Capital’s forecasts for $75.2 million and $221.4 million respectively. The airport...