Wellington Airport FY profit rises 29% on passenger, aeronautical income growth

Thu, 11 May 2017

By Jonathan Underhill May 11 (BusinessDesk) - Wellington International Airport, the Infratil-controlled capital city gateway, posted a 29 percent gain in full-year profit on growth in aeronautical and passenger services income. Profit rose to $16.1 million in the 12 months ended March 31, from $12.5 million a year earlier. Revenue climbed 5.3 percent to $119.6 million. The capital city's airport company has almost completed the first stage of a $300 million capital investment programme that has seen the domestic terminal expanded and u...

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