Tag Archives: Auckland Airport

Auckland International Airport, the country”s biggest gateway, says it”s optimistic about demand from China, its fastest-growing source of passengers, even after weak manufacturing data sparked a global selloff in stocks and raised questions about growth in that economy. Passenger numbers from China soared 41 percent to 545,494 in the airport company”s latest year, while capacity on routes to China rose 38 …

Auckland International Airport, the country’s main gateway, said it had talked to its two duty free retailers following what it called “over-zealous competition” at the airport. The hard-sell tactics of the duty free retailers was raised by a shareholder at the airport’s annual meeting in Auckland today and comes as the company considers bids for the upcoming eight-year duty free …

Auckland International Airport, the country’s main gateway, has confirmed it’s likely to deliver an underlying net profit of between $160 million and $170 million this financial year, in line with the guidance it gave in August. Chairman Henry van der Heyden said at the annual meeting in Auckland today, his first address to shareholders, that the result would be broadly in …

Auckland International Airport, the country’s main gateway, isn’t extracting excessive profits as its expected earnings fall just within the regulator’s tolerance. The Commerce Commission found information disclosure regulations have had a positive influence on the airport’s behaviour and have been effective in limiting its ability to extract excessive profits, deputy chair Sue Begg said in a statement. The antitrust regulator …

Former Fonterra Cooperative Group chairman Henry van der Heyden will head up the board of national gateway Auckland International Airport after the annual meeting in October. Van der Heyden replaces Joan Withers, who also heads up MightyRiverPower’s board, who signalled her exit last year. The company’s board will start looking for a replacement director in the coming months, it said …

Auckland International Airport, the country’s main gateway, isn’t profiteering and is a expecting reasonable return over the coming four years, according to the antitrust regulator. The airport has an expected annual return of 8 percent over the 2013-2017 pricing period, at the top end of the Commerce Commission’s estimated range for a reasonable return of between 7.1 percent and 8 …