Auckland International Airport says it is working hard to attract new airlines as it is hit by a slowdown in passenger numbers due to the global financial crisis.
The airport says passenger growth increased this year to just over 13 million passenger movements.
However, the company says it has experienced a decline in passenger numbers from Britain, the United States and some Asian markets.
At its annual general meeting in Auckland on Thursday, chief executive Simon Moutter told shareholders the company is working to retain and attract new airlines.
"Airlines are under pressure globally and we're part of the equation for them, so doing our very best to make businesses successful is critical at a time like this," Mr Moutter says.
Mr Moutter says the company is making sure the airport retains airlines on key routes, and is actively trying to attract new carriers.
Chairman Tony Frankham told shareholders the airport remains in good shape, but the financial crisis will lead to fewer passengers passing through its gates.
Mr Frankham says the downturn in numbers will be partly off-set by a rise in trans-Tasman competition, with Pacific Blue and Qantas' discount airline Jetstar now flying between Australia and New Zealand.
The airport now expects profits to be at the lower end of its forecast range of between $100 million and $110 million.
Mr Frankham says Auckland International Airport is confident it can emerge from the economic downturn in a strong position.
