Why Hawke s Bay Airport made $1m loss - Covid 19 lockdown
12 Feb, 2021 12:38 AM
3 minutes to read
In April 2020 there were just 149 passengers at Hawke s Bay Airport. Photo / File
Hawkes Bay Today
Hawke s Bay Airport has revealed a loss of $1 million for the year, as new numbers show just how badly Covid-19 s lockdown affected it. An annual report presented to Hastings District Council on Thursday showed the airport made a loss of $1.01m in the year to June 30, 2020. The year prior, it had made a $1.5m profit.
Hawke s Bay Airport Ltd (HBAL) is 24 per cent owned by Hastings District Council , 50 per cent by the Crown and 26 per cent by Napier City Council.