Auckland International Airport (AIA) Company Presentation summary

Business overview

• Auckland Airport serves as New Zealand's primary air gateway, operating 24/7 with no curfew and connecting 23 domestic and 42 international destinations.

• 18.7 million passenger movements and 57,000 aircraft movements were recorded in the 12 months to March 2025.

• 68% of all international visitors and 93% of long-haul visitors to New Zealand arrive via Auckland Airport.

• The airport is a critical economic enabler, generating $34 billion in annual tourism output and handling $26.6 billion in cargo value in 2024.

• Revenue streams are diversified: 46% aeronautical, 20% investment property, 19% retail, and 8% parking & transport.

Strategic initiatives and infrastructure

• Major infrastructure projects include an integrated terminal, expanded international arrivals, a new transport hub, and significant airfield expansion.

• The airport is investing in innovation and technology to enhance the customer experience and operational resilience.

• A high-quality commercial property portfolio valued at $3.3 billion, with 99% occupancy and 151 hectares for future development.

• Hotel portfolio includes 782 rooms across ibis, Novotel, and Pullman brands.

• Consultation on a 25-year Master Plan is underway to guide long-term growth.

Financial and regulatory highlights

• FY25 guidance reconfirms underlying profit and capex, with annual capex projected at $1.16 billion.

• Total assets stood at $13.6 billion as of December 2024, with a $169 million commercial property rent roll.

• $6.7 billion in regulated investment over recent pricing periods; regulated under the Commerce Act with transparent price setting.

• Credit rating of A- (stable) from S&P Global.

• Dividend policy targets 70–90% of underlying profit after tax, excluding unrealised gains/losses and one-off items.