9 Sep 2015

Christchurch Airport profit doubles

8:18 am on 9 September 2015

Christchurch International Airport has announced a net profit of $37.8 million for the year to the end of June, up 110 percent on the previous year.

Christchurch Airport.

Christchurch Airport. Photo: RNZ / Alexander Robertson

The airport company attributes the result mainly to increased revenue from the aeronautical side of its business, which rose 43 percent.

Non-aeronautical activities also rose by 10 percent. That side of the company includes a business park and a newly opened retail development, containing a supermarket.

International passengers were up 7 percent, including a 53 percent rise in those coming from China and a 37 percent boost in passengers from India.

The airport recently announced a new direct service by China Southern Airlines to Guangzhou.