AIA Reports Double Digit Decline in Total Passenger Volume

  • May 18, 2020 NZST
  • Team Kalkine
AIA Reports Double Digit Decline in Total Passenger Volume

During the month of March 2020, Auckland International Airport Limited (NZX:AIA) reported total passenger volume of 1.084 million, down by 42.0% as compared to last year. The international passengers declined by 43.2%, domestic passengers declined by 40.1% and transit passengers declined by 49.5%.

  • This decline in numbers reflect the impact of the travel restrictions imposed by the New Zealand Government;
  • On 14 May 2020, the country entered Alert Level 2 and the airline will now operate up to 20% of pre-Covid-19 capacity.

At NZST 01:09PM, the stock was trading at $5.730, up by 0.53% from its previous close.

 


Disclaimer
The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK