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Hot Topic EARNINGS
Aviation News
2 mins to read

Queenstown Airport pays $7m dividend as net profit climbs 27%

The gateway to the Lakes and Central Otago region saw international arrivals exceed 100,000 in January.

Queenstown Airport expects a 3.2% compound annual growth in passenger foot counts over the next seven years.

Key points
  • Revenue: $40.4 million
  • Profit: Npat up 27% to $16.2m
  • Main takeaway: Country’s fourth-busiest terminal paid a $7m dividend, after passenger numbers climbed to 1.34 million for the first six months of its year, 6% up on a year prior.

Queenstown Airport will pay $5.2 million to its majority shareholder, the Queenstown Lakes District Council, and another $1.8m to Auckland International Airport, which holds a quarter stake in the country’s fourth-busiest terminal.

The $7m dividend follows a 27% improvement in net profit after tax

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Brent Melville Wed, 19 Feb 2025
Contact the Writer: bmelville@nbr.co.nz
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Key points
  • Revenue: $40.4 million
  • Profit: Npat up 27% to $16.2m
  • Main takeaway: Country’s fourth-busiest terminal paid a $7m dividend, after passenger numbers climbed to 1.34 million for the first six months of its year, 6% up on a year prior.
Queenstown Airport pays $7m dividend as net profit climbs 27%
Aviation News,
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