Auckland Airport records strong growth during second half of 2015

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Auckland Airport has announced its interim results for the six months running from July 31 to December 31, 2015, including a 6.7% increase in passenger numbers to 8.4 million and an 11.6% increase in revenue to NZ$280m (US$184m).

Earnings before interest expense, taxation, depreciation, fair value adjustments and investments in associates (EBITDAFI) increased 13% to NZ$214m (US$141m) and total profit after tax was up 24.8% to NZ$116m (US$76m). Underlying profit after tax increased 18.6% to NZ$104m (US$68).

Sir Henry van der Heyden, chairman for Auckland Airport, said, “We have continued to see growth right across our business, which has been underpinned by new routes, new airlines and increasing passenger numbers.

“This growth pleasingly occurs at a time when we have lifted our capital investment program, ensuring we can upgrade and expand our terminals and airfield capacity for passengers and airlines, in turn delivering real benefits to the traveling public and continuing our intent of building an important regional hub for Asia-Pacific aviation.”

In October 2015, Auckland Airport updated its forecast capital expenditure for the 2016 financial year to be between NZ$230m (US$150m) and NZ$260m (US$170m).

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Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

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