Capital raise on the cards for weakened Auckland Airport
ANALYSIS: But New Zealand is falling out of favour with tourists – how will this affect Auckland International Airport, in the midst of a $3.9b construction project?
Artist impression of Auckland Airport’s new terminal interior.
For an airport doing a multi-billion-dollar upgrade, the latest migration stats and travel trends don’t bode well.
Add to the mix the regulator’s upcoming report on aeronautical pricing, flattening revenue and profit, irritated airline customers, and an increasing need for a capital raise, and
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