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Business Scoop » Christchurch Airport profit – Financial Year 2021 (FY21)

Pandemic Not Panic Reflected In Christchurch Airport Financial Result

Thursday, 18 February 2021, 8:49 am Christchurch Airport is citing lessons learnt from the quakes, extensive changes it made to its business across 2015-2019 and its preparation for events like a pandemic, for its ability to pivot to a domestic operating model that can essentially break even while the pandemic’s impact on the borders evolves. Net Profit after Tax (NPAT) for the first half of financial year 2021 (FY21) - July to December 2020 - was $1.2m. Total operating revenue was $66m, down 31% compared to the same period last year. Rates and insurances rose by 12% (or $680,000), all other core operating costs were compressed. EBITDAF was $34.3m.

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Business Scoop » Pandemic Not Panic Reflected In Christchurch Airport Financial Result

Press Release – Christchurch Airport Christchurch Airport is citing lessons learnt from the quakes, extensive changes it made to its business across 2015-2019 and its preparation for events like a pandemic, for its ability to pivot to a domestic operating model that can essentially break … Christchurch Airport is citing lessons learnt from the quakes, extensive changes it made to its business across 2015-2019 and its preparation for events like a pandemic, for its ability to pivot to a domestic operating model that can essentially break even while the pandemic’s impact on the borders evolves. Net Profit after Tax (NPAT) for the first half of financial year 2021 (FY21) – July to December 2020 – was $1.2m. Total operating revenue was $66m, down 31% compared to the same period last year. Rates and insurances rose by 12% (or $680,000), all other core operating costs were compressed. EBITDAF was $34.3m. Passenger numbers were down 51%. There was strong growth in dedicated fr

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