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

Our man in Argentina
Policy

Our man in Argentina

What happens when a pescatarian goes to the home of beef?

Oliver Lewis 14 Jan 2025
Fast-track panels to be set up from Feb 7
Policy

Fast-track panels to be set up from Feb 7

Application cost details expected in coming weeks. 

Oliver Lewis 10 Jan 2025
Rail tunnel important for coal exports to reopen
Infrastructure

Rail tunnel important for coal exports to reopen

Miner Bathurst Resources suffered a financial hit from the West Coast tunnel closure.

Oliver Lewis 08 Jan 2025
Infratil $480m injection prevents CDC devaluation
Infrastructure

Infratil $480m injection prevents CDC devaluation

The value of Infratil's holding has grown tenfold since acquisition. 

Gregor Thompson 07 Jan 2025