Wellington Airport helps owner Infratil to underlying profit

29th May 2025 By Staff Reporter | news@propertyticker.co.nz | @propertyticker

Wellington International Airport Limited’s performance has helped its majority owner Infratil to lift revenue to $3.85bn for the year to March 2025, up from $3.14bn for FY24.

While Infratil, which owns 66% of the airport, reported a net loss of $286.3m primarily due to revaluations, its underlying profit increased to $986m from $938.6m.

The infrastructure investor said Wellington Airport continued to generate operating cash flows that supported Infratil’s capital base and reinvestment in new opportunities.

Wellington Airport, which comprises 5% of Infratil’s portfolio, reported earlier this month a net profit after tax of $25.8m for the year to 31 March 2025, compared to a loss of $28.8m for the previous period.