Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Auckland Airport passenger numbers bolstered by Asians

Auckland Airport passenger numbers bolstered by Asian visitors

By Paul McBeth

Nov. 29 (BusinessDesk) – Auckland International Airport Ltd., the national gateway, continued to enjoy growing numbers of Asian visitors as its international passengers grew last month.

Total international passenger volumes rose 3.8% to 661,384 in October from the same month a year earlier, the company said in a statement today. That’s up 2.7% on a rolling 12-month basis. Domestic passenger numbers grew 2.9% in the month, and are up an annual 7.2%.

Airport “passenger growth of 3.8% was driven by strong New Zealand and Asian growth, while traditional long-haul markets of U.K. and U.S.A. remain relatively weak,” the company said.

Long-haul tourism has been in the doldrums since the global financial crisis hit, sapping people’s ability to spend their cash on international holidays. Still, growth in emerging Asia has underpinned those economies and helped keep New Zealand’s tourism markets afloat. The recovery in Asian tourist numbers is still off its highs of the mid-2000s, with Korea visitors up 1,492 to 5,425 in October from the same month in 2009, and Chinese arrivals increasing by 1,014 to 8,650, according to government data.

The shares rose 0.5% to $2.09 in trading today, and are up 3.8% this year.

Chinese visitors increased 17% to 8,621, while Japanese arrivals climbed 29% to 5,740. Korean passengers fell 3.4% to 4,507.

International arrivals were also up at Queenstown and Cairns Airports, which Auckland Airport holds stakes in. Queenstown reported a 24% gain to 6,377 and Cairns arrivals rose 29% to 65,462. Mackay Airport domestic passenger numbers rose 17% to 95,225 in October.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Department Of Conservation: Beech Mast On The Cards After Warm Summer

Climate modelling shows this year’s hot March has increased the chance of beech forest seeding next summer in parts of New Zealand, which could be bad news for native wildlife. The Department of Conservation (DOC) uses data from NIWA’s virtual climate ... More>>

Government: Delivering Lower Card Fees To Business

Commerce and Consumer Affairs Minister David Clark has today announced the Government’s next steps to reduce merchant service fees, that banks charge businesses when customers use a credit or debit card to pay, which is estimated to save New Zealand businesses ... More>>

SEEK NZ Employment Report: April 2021

OVERVIEW OF APRIL 2021: STATE OF THE NATION: April, for the second consecutive month, saw the highest number of jobs ever advertised on Applications per job ad fell 9% month-on-month (m/m). SEEK job ads were up by 12% m/m. SEEK job ads were ... More>>

Geo40: Global Plans To Recover Low-Carbon Lithium At Scale Accelerated By Investment Of Up To $7.5m By Pacific Channel

New Zealand’s leading sustainable, mineral-recovery company, Geo40 Limited has secured up to $7.5m in equity investment from New Zealand deep-tech specialist Venture Capital firm Pacific Channel to fast-track plans to develop its nascent lithium-from-geothermal-fluid ... More>>

Stats: Lower Job Security Linked To Lower Life Satisfaction

People who feel their employment is insecure are more likely than other employed people to rate their overall life satisfaction poorly, Stats NZ said today. New survey data from the March 2021 quarter shows that 26 percent of employed people who thought ... More>>

The Conversation: The Outlook For Coral Reefs Remains Grim Unless We Cut Emissions Fast — New Research

A study of 183 coral reefs worldwide quantified the impacts of ocean warming and acidification on reef growth rates. Even under the lowest emissions scenarios, the future of reefs is not bright. More>>