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Airport to take up to $90m profit hit due to effects of Covid-19

Further job cuts likely.

Auckland International Airport expects to take up to a $90 million profit hit in 2020, mainly from costs incurred from terminating infrastructure projects and retail rent drops.

It will also lay off more staff, as it continues to grapple with the ongoing impact of Covid-19 on air travel.  

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Calida Stuart-Menteath Wed, 01 Jul 2020
Contact the Writer: calida@nbr.co.nz
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Airport to take up to $90m profit hit due to effects of Covid-19
General Business,
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