New Zealand's Auckland Airport nixes dividend, profit slumps on virus hit
(Reuters) - Auckland International Airport Ltd AIA.NZ on Thursday scrapped its final dividend and posted a steep fall in full-year profit, as coronavirus-related restrictions led to fewer flights.
The pandemic has battered the airline and tourism industries, as stringent border controls and restriction on people’s movement to curb the spread of the virus upend demand, which has triggered a downturn for airport operators.
Earlier this year, Auckland Airport scrapped its interim dividend, slashe
The pandemic has battered the airline and tourism industries, as stringent border controls and restriction on people’s movement to curb the spread of the virus upend demand, which has triggered a downturn for airport operators.
Earlier this year, Auckland Airport scrapped its interim dividend, slashe