Auckland International (NZX:AIA): Did Delta variant outbreak affect passengers’ traffic?

Highlights

  • Auckland International Airport total passenger volumes rose by 68.4% in August 2021 compared to pcp.
  • The airline’s September total passenger volumes declined by 92.2 % compared to the pcp.

A key airline company in NZ, Auckland International Airport Limited (NZX:AIA; ASX:AIA) provided August 2021 monthly traffic update and preview of September 2021.

NZX-listed Auckland International traffic update

Source: © Coki | Megapixl.com

August traffic update

Auckland International Airport total passenger volumes rose by 68.4% in August 2021 compared to pcp. Also, international travellers rose by 61.6%, but transit passengers dwindled by 94.3%, but domestic travellers saw a surge of 74.5%.

The international travellers climbed in August on pcp demonstrating extra international capacity in spite of the interruption of quarantine free travel with Australia and the Cook Islands on 23 July and 17 August, respectively.

Preview of September traffic update

The airline’s September total passenger volumes declined by 92.2 % compared to the pcp. International passengers nosedived by 44.4%, while transit passengers lessened by 81.6% and domestic travellers dropped by 95.8%.

Moreover, Auckland was placed under Alert Level 4 up to 21 September 2021, shifting to Alert Level 3 for the rest of September, which restricted global and domestic services.    

Related article; Auckland International (NZX:AIA): How does it plan to diversify its property portfolio?

On 14 October, at the time of writing, Auckland International was trading up by 1.77% at NZ$7.77.

Bottom Line

After a community outbreak of the Delta variant, New Zealand was placed under Alert Level 4 on 17 August this year. The move caused restrictions on all non-essential domestic travel affecting the passengers’ traffic in latter part of August and September.

Comment


Disclaimer

   
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