Auckland airport reports strong half-year

Auckland airport reports strong half-year
Auckland International Airport is undergoing a multi-billion dollar upgrade.
Staff reporters
Auckland International Airport reported a strong lift in earnings for the half year to Dec 31, reflecting the ongoing bounceback in post-pandemic global travel combined with new, higher landing charges and strong performance in unregulated parts of its business.The airport (AIA) reported net profit after tax for the half-year of $118.7 million, compared with just $4.8m for the same period at the end of 2022, when covid restrictions were still in the process of being lifted around the world.Total income of $440.5m was 53% higher than for the pri...

More Infrastructure

AT laying groundwork for congestion charging
Infrastructure

AT laying groundwork for congestion charging

AT wants to move quickly on time-of-use charging once legislation is in place.

Oliver Lewis 23 Apr 2024
AI is a humungous electricity hog. That’s great
Infrastructure

AI is a humungous electricity hog. That’s great

Who better to drive clean-energy investment than some of the world’s biggest firms?

Bloomberg 20 Apr 2024
Fast-track ‘stakeholders’ list released
Economy

Fast-track ‘stakeholders’ list released

Major corporates including Carter Group and Fonterra are on the list.

Victoria Young 19 Apr 2024