Auckland Airport has revised its guidance for the 2023 financial year, expecting underlying profit after tax to be between $100 and $130 million, up from its previous guidance of between $50 and $100 million.
This is due to a stronger than expected rebound in the aviation market, with high aircraft load factors and continued strength in forward international seat capacity expected to fuel the ongoing recovery.
The capital expenditure guidance for the 2023 financial year remains unchanged at between $600 and $700 million.
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