AIA Reports Double Digit Decline in Total Passenger Volume

  • May 18, 2020 12:49 PM NZST
  • Team Kalkine

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.


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