Wellington Airport releases financial results
Wellington Airport has released its financial results for the 12 months to 31 March 2026, highlighted by solid earnings and the completion of major airfield and terminal upgrades.
Strong commercial performance alongside a 4% increase in international passengers has helped achieve an EBITDAF of $133.4 million, up from last year’s $130.2 million.
In this period the airport hosted 5.1 million travellers, down slightly from 5.3 million last year, and achieved a net profit after tax of $15.7 million.
Wellington Airport chief executive Matt Clarke comments:
“It’s been a year of delivery for Wellington Airport with significant upgrades completed to our runway and terminal.
“The EMAS runway system is an important safety project that also opens opportunities to connect Wellington directly to long-haul destinations.
“We’ve completed our new Airport Fire Station and the terminal has a stunning new look with the Manu Muramura centrepiece and the new multi-level venue Good Day.
“The financial results are pleasing and reflect a strong year of performance, particularly from the commercial side of the business. This has been achieved despite pressure on regional connectivity and Air New Zealand’s well-known fleet availability issues.
“We’ve kept a focus on controlling costs and have worked closely with our airline partners on the timing of infrastructure projects.
“This has put us in a solid position to manage the current challenges facing the aviation industry and the wider economy.”
The full Annual Review is available here and the Financial Report here.