Queenstown Airport FY profit up 13 percent on increased passenger numbers

Wed, 29 Aug 2012

By Hannah Lynch Aug. 29 (BusinessDesk) - Queenstown Airport posted a 13.3 percent gain in full-year profit after an increase in passenger numbers helped lift commercial activities, such as retail, rental cars and car parking. Profit increased to $5.2 million in the 12 months ended June 30, from $4.6 million a year earlier, the company said in statement. Sales rose 12 percent to $17.5 million. The airport had a record 1.1 million scheduled passengers, made up of a 21 percent increase in international passengers to 195,249 and an 11.6 percen...

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