Auckland Airport financial report FY2019-2020: slow recovery
As airports and airport groups release their mid-year financial reports, Auckland Airport's for the full financial year 2019-20, ending in Jun-2020, is one of the first to span the heady days of pre-COVID-19 aviation, when the main concern was with the fast growing anti-air transport environmental movement, and the post-COVID-19 ones, which could not have been imagined at this time in 2019.
Auckland Airport's story is one of exceptional performance in the first half of the reporting period followed by a disastrous one; although – unlike some of its counterparts that have been releasing 1H2020 reports recently – the airport was able to report a positive EBIT and net profit (Auckland typically has one of the highest EBITDA margins).
Looking to the future, Auckland Airport is preparing for the turnaround when it comes, pointing to a range of positive influences both nationally and internationally. But at the same time it acknowledges that turnaround may be longer coming than some industry organisations have predicted.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.