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Auckland Airport Profit Dip Explained | Auckland News
Auckland Airport’s profits dipped slightly this year, but passenger numbers are up — international flights rose 1.6% and domestic by 1.7%, fueled by strong demand despite rising fuel costs and airline cutbacks. The profit drop stems from property valuations, not lower traffic, and adjusted figures show stability. Looking ahead, they’re forecasting underlying profits between $290M and $330M next year with flat passenger growth. Meanwhile, a $1B–$1.3B upgrade is underway, with the busiest construction phase hitting the international terminal over the next 18 months — expect some disruption…
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