Wellington Airport profit more than triples

(Image: Getty)

Fri, 28 Oct 2022

Wellington Airport's first-half profit more than tripled as the capital's airborne gateway returned to life from the restrictions of pandemic controls. The airport – which is majority owned by Infratil with the Wellington city council as a junior partner – reported a net profit of $11 million in the six months ended Sept 30, up from $2.9m a year earlier as the return of international travellers started bearing fruit. Earnings before interest, tax, depreciation, amortisation and fair value adjustments climbed 28% to...

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