The case against Auckland airport’s new pricing

Auckland airport is planning to spend nearly $6b on upgrades. (Image: AIA)

Mon, 31 Jul 2023

Auckland International Airport shareholders have had it good for a very long time. With its terminal and tarmac first built and paid for by the government, private investors were willing buyers as first the government, then councils, sold off shares. The airport (AIA) has been profitable and shareholders have been handsomely rewarded with regular dividends. It paid out $2.3 billion to shareholders over the 10 years to 2019, when covid-19 interrupted returns. These profits have been earned not just from air services but from the s...

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