Wellington International Airport turns to a profit in first half, increases payment to shareholders

Fri, 08 Nov 2013

By Tina Morrison Nov. 8 (BusinessDesk) - Wellington International Airport, which is co-owned by infrastructure investor Infratil and Wellington City Council, turned to a profit in the first half and increased its payment to its shareholders. The airport hub for the Wellington region posted a profit of $1.9 million in the six months to Sept. 30, from a loss of $5.6 million the year earlier, it said in a statement. Wellington City Council, which owns 34 percent of the airport company, received a dividend payment of $10.8 million, up from $8....

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