Auckland Airport reported a stable half-year outcome, expressing cautious optimism for near-term passenger increases.
For the six months ended December 2025, Auckland Airport’s net profit came in at $177 million, down from $187.3 million a year earlier, while revenue rose to $519.6 million from $499.9 million. Underlying profit increased to $157.1 million compared with $148.1 million, and passenger numbers grew slightly to 9.64 million versus 9.46 million.
Bottom-line profit dropped 5% on higher depreciation from new airport assets, though underlying profit climbed 6% excluding one-offs.
Chief Executive Carrie Hurihanganui described passenger demand trends as “positive,” highlighting the popular China Eastern Shanghai-Auckland-Buenos Aires service.
“While the passenger demand trajectory is certainly positive, we expect the ongoing global fleet shortages to continue to weigh on the availability of new seat capacity supply and the pace of growth in the near term,” she said.
Auckland Airport noted a strong start to fiscal 2026 for international travel, with seat capacity up 1.8% year-on-year and non-transit passenger volumes reaching 93% of pre-Covid levels.
“Travellers on North American routes continue to be exceptionally well served with seven airlines competing in the market, and we’re welcoming more inbound visitors to New Zealand on these routes than ever before,” Hurihanganui said.