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Council pulls tender for airport sale advice

Contract was due to begin this month but Auckland Council has decided to defer spending until sale looks likely.

Auckland Council owns 18.09% of Auckland International Airport, a stake worth about $2 billion.

Tim Hunter Tue, 14 Mar 2023

Auckland Council has withdrawn a tender seeking advice on its potential $2 billion sale of Auckland Airport shares, as consultation with ratepayers continues on whether to adopt the policy.

In a statement, Council acting group treasurer Francis Caetano said: “The council decided to pause the

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Tim Hunter Tue, 14 Mar 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Council pulls tender for airport sale advice
Politics,
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