Nelson Airport earnings jump on strong passenger growth

Nelson Airport earnings jump on strong passenger growth
Jonathan Underhill
By Gavin Evans Sept. 17 (BusinessDesk) - Nelson Airport reported a 12 percent increase in full-year net profit on continued passenger growth and an increase in work through the aircraft maintenance business Air New Zealand operates there. Passenger traffic increased 6 percent to 1.06 million in the year ended June 30, led by a 9 percent increase on Auckland services to 482,000. Chairman Paul Steere said the result was a significant achievement given the major terminal redevelopment underway throughout the period. A new control tower be...