Queenstown airport hands $6m windfall to council, Akld Airport

International and domestic aircraft arrivals and departures climbed 119%. (Image: BusinessDesk)

Wed, 22 Feb 2023

Queenstown Airport Corp (QAC) expects to pay out its highest ever dividend this year, after announcing a $5.98 million disbursement for the half year to December 2022.The record half-year dividend comes off a 136% improvement in revenue to $30m, from $12.7m for the previous comparable period, with net profit after tax at $11.5m.Of its income, $16.6m had come from payments from airlines and general aviation, with $2.1m from parking and $1.3m from commercial vehicle access.The Queenstown-Lakes District Council will receive $4.49m of that for its...

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