AUCKLAND INTERNATION

AIA
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7.5NZD -0.13%

Auckland International Airport : Airport's Earnings Slide as Pandemic Curbs Travel

02/17/2021 | 03:07pm

AUCKLAND, New Zealand--Auckland International Airport's first-half earnings plummeted as the coronavirus pandemic froze international travel.

New Zealand's main international gateway on Thursday reported a net profit of 28.1 million New Zealand dollars ($20.3 million) for July-December, down 81% from a year earlier.

The company said its recovery hinges on two-way quarantine-free travel with Australia being implemented.

Write to Stephen Wright at stephen.wright@wsj.com

(END) Dow Jones Newswires

02-17-21 1507ET

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