Auckland International Airport Limited (AIA)

[Baa_Baa]

He really put his foot into his mouth today. That was a supremely poor announcement, wrong, ill informed or advised, and makes him look like a complete dickhead. Back peddle coming, it will be hard to dig out of this hole, and so soon into the illuminati.

[Bjauck]

….and the Liz Truss Public Office bronze level award for getting it so wrong goes to….

[Sideshow Bob]

Positive news for AIA, many would have come from Auckland.

https://businessdesk.co.nz/article/t...bda5-402467359

The revival of New Zealand’s tourism industry helped keep Queenstown airport’s international passenger numbers above pre-covid levels, while national carrier Air NZ is boosting its flights to China.
Auckland International Airport, which owns a quarter of Queenstown’s gateway, said the resort town’s international passenger movements were 126% of pre-covid levels at 75,526, while 150,302 domestic travellers were 94% of December 2018 levels.

[Sideshow Bob]

https://www.nzx.com/announcements/407181

Key performance data for the six months to 31 December 2022:
• Total number of passengers 7.6 million
• Domestic passengers of 4.1 million, and international passengers (including transits) of 3.5 million
• Revenue of $288 million
• Operating EBITDAFI of $189 million
• Reported profit after tax of $5 million, impacted by the $94 million non-cash investment property valuation decrease
• Earnings per share of 0.33 cents
• Net underlying profit after tax of $68 million(1)
• Net underlying profit per share of 4.62 cents
• No interim dividend will be paid

[Sideshow Bob]

Spending billions.....

https://www.nzx.com/announcements/408505

Building the gateway New Zealand needs: Multi-billion-dollar investment in future of travel at Auckland Airport

• Replacement of 57-year-old domestic terminal confirmed
• Single biggest redevelopment since the airport opened in 1966
• Domestic and international travel to be housed under one roof
• Resilient and built to meet climate change goals and to create a more sustainable airport
• 2,000 additional jobs created at the height of construction

Auckland Airport is underway with its biggest redevelopment since the airport opened in 1966 with a brand-new domestic terminal to be fully integrated into the international terminal.


No divvies for the council for a bit....??

[Nor]

"built to meet climate change goals". Goals? How high is the runway above sea level. Half a metre?

[777]

"built to meet climate change goals". Goals? How high is the runway above sea level. Half a metre?

7 metres.....

[clip]

More likely the terminal itself and/or drainage so it doesn't flood again when we have another big storm

[Ricky-bobby]

How much for an aircraft carrier?… extra runway and we can also run a bit defensive if needed😂

[Jaa]

A sustainable airport built to meet climate change goals is ridiculous double speak isn't it?

Cost blowout: Airport terminal project cost doubles