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Christchurch Airport reports record results in FY2010

28-Sep-2010 12:30 PM

New Zealand’s Christchurch International Airport Ltd (CIAL) reported (28-Sep-2010) the following preliminary financial highlights for the 12 months ended 30-Jun-2010:

  • Operating revenue: USD68.7 million, n/a year-on-year;
  • EBITDA: USD44.7 million;
  • Adjusted net profit: USD19.7 million,
  • Dividend: USD7.7 million;
  • Capital expenditure: USD60.2 million;
  • Passenger numbers: 6.0 million;
  • Aircraft movements: 79,016. [more]

* Based on the conversion rate at USD1 = NZD1.3615

Christchurch International Airport Ltd: “The company is performing better than ever before with improvements in virtually every area of the company’s business. Achieving the greatest passenger throughput in any year, exceeding 6 million passengers for the first time, is a very good result in a global recession. It is particularly pleasing to see the long-term investment we have made with our airline partners and the tourism sector beginning to pay off,” Jim Boult, CEO. Source: CIAL, 28-Sep-2010.