9 Nov 2012

Wellington Airport earnings rise

6:51 pm on 9 November 2012

Wellington Airport's earnings have risen following gains made from increased cost-control measures and growth in its commercial and aeronautical activities.

Excluding one-off tax and dividend payments, the airport's gross earnings rose to $39.4 million for the six months to September, compared with $34.8 million for the same period last year.

It says there has been strong growth in the international market, with passenger numbers increasing 4.2% as a result of the increased capacity provided by the trans-Tasman alliance between Air New Zealand and Virgin, as well as on Qantas flights.

Wellington Airport's chief commercial officer Matt Clarke says there has been also been strong growth in its commercial revenue, with the opening of retail outlets at the terminal.