Queenstown Airport boosts profit 25%, as Qlders arrive ready to ski

Fri, 21 Aug 2015

By Suze Metherell Aug. 21 (BusinessDesk) - Queenstown Airport Corp, New Zealand's fourth busiest airport, boosted annual profit 25 percent, as trans-Tasman passenger numbers rose by a third and domestic passengers topped the million mark for the first time. Profit rose to $8.3 million in the year ended June 30, from $6.6 million a year earlier, the airport said in a statement. Revenue climbed 13 percent to $24.8 million, while operating earnings before interest, tax, depreciation and amortisation increased 9 percent to $16.6 million. ...

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