Wellington Airport lifts annual earnings on passenger growth

Wellington Airport lifts annual earnings on passenger growth
Paul McBeth
By Paul McBeth May 16 (BusinessDesk) - Wellington International Airport lifted annual earnings 6.3 percent as the capital city's gateway continued to benefit from rising passenger numbers.  Earnings before interest, tax, depreciation and amortisation rose to $101.4 million in the year ended March 31, from $95.4 million, with revenue up 7.2 percent at $137.9 million. The airport processed 5.5 million domestic passengers in the year, up 4.6 percent from a year earlier, and more than 929,000 international passengers, an increase of 3.8 perce...

More Infrastructure

NZTA taps WSP consultant for critical infrastructure job
Infrastructure

NZTA taps WSP consultant for critical infrastructure job

The agency says it doesn't ordinarily do this, but it has a plan to manage conflicts.

Work on first seven roads of national significance begins
Infrastructure

Work on first seven roads of national significance begins

The Govt is prioritising 17 Rons as part of its $22b land transport plan.

Rebecca Howard 05 Jul 2024
Swedish-designed, Chinese-built ferries considered for Cook Strait
Infrastructure

Swedish-designed, Chinese-built ferries considered for Cook Strait

KiwiRail went for something else, but Stena's ferries could be back on the table.

Oliver Lewis 05 Jul 2024
Antarctica NZ abandons 'highly risky' Scott Base rebuild plan
Infrastructure

Antarctica NZ abandons 'highly risky' Scott Base rebuild plan

The Crown entity has reset its Antarctic redevelopment plans.

Oliver Lewis 04 Jul 2024