The council-owned Christchurch Airport has made a smaller profit, hit by a drop in passenger growth.
Photo: 123rf.com
Its net profit for the half-year to December fell by 4 percent to just over $23 million.
Total revenue rose by 3 percent despite a slight drop in the number of domestic and trans-Tasman passengers.
The airport said the Covid-19 coronavirus outbreak was expected to keep reducing passenger movements in the short term.
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Air New Zealand's half year profit has taken a larger hit than expected, falling to $101m in the six months ended December.
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