Auckland Airport may require balance sheet support in the second half of 2018-2022 period

Mon, 31 Jul 2017

By Rebecca Howard Aug. 1 (BusinessDesk) - Auckland International Airport said it may need balance sheet support toward the end of the 2018-2022 period as it implements a massive $1.9 billion infrastructure investment programme that includes a new runway by 2028. "Although we have a robust balance sheet, given the size and nature of the capital plan, we will need to consider our capital funding options through the course of the next five years," it said. It noted this is subject to a number of "future uncertainties" and said it will take a...

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