Auckland International Airport Ltd logo

Auckland International Airport Ltd

FRA:BZTA (New Zealand)   Ordinary Shares
€ 4.34 (-3.56%) Jul 15
71.12
P/B:
1.33
Market Cap:
€ 6.57B ($ 7.16B)
Enterprise V:
€ 7.78B ($ 8.49B)
Volume:
-
Avg Vol (2M):
700.00
Trade In:

Business Description

Description
Auckland Airport is New Zealand's largest airport, handling 21 million passenger movements in fiscal 2019, approximately 70% of the country's international visitors. It owns 1,500 hectares of land, and hosts ancillary commercial services, including retail and duty-free, car parking, hotels, warehouses, and offices. Substantial development opportunities could bring its capacity up to near 28 million passenger movements per year by 2032, as well as adding capacity in the ancillary services offered. It also has a minority stake in the small but fast growing Queenstown airport on New Zealand's south island.