Queenstown Airport profits plummet during turbulent year
A massive 91 per cent drop in net profit reflects a turbulent year for Queenstown Airport Corporation.
The company's annual results for the year ending June 30 underscored the complex and uncertain operating environment created by Covid-19, board chairwoman Adrienne Young-Cooper said.
Total passenger movements (arrivals and departures) were down 29 per cent compared to the year before and 42 per cent compared to the year ended June 30, 2019.
Net profit dropped 91 per cent to $1.6 million from $18m last year and total revenue was down 40 per cent to $27.8m.
No annual divided would be paid to shareholders.
Spoil someone special this Mother’s Day
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With over 50 titles to choose from, there’s something for everyone at mags4gifts.co.nz. To make your gift even more special, make sure to click the “This order is a gift” box to add a free personalised e-card to your order. Mother’s Day offers end at midnight on 11 May, so don’t miss out! T&Cs apply.
Poll: Would you want an unconventional funeral?
Funerals can cost as much as $22,000 and the planning can be stressful especially at a time when loved ones are grieving. Some New Zealanders are re-imagining funerals by making their own coffin or having a relaxed ceremony at home. Would you want a less traditional funeral? Share your thoughts below.
Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.
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84.3% Yes
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13.8% No
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1.9% Other - I'll share below!
Celebrating Our Resident Authors On World Book Day
It was World Book Day on the 23rd of April, so what better time to celebrate some of our talented residents who have published books.
They range from children’s books, to poems, from non-fiction to a first novel - and all are proof that there is no age limit when it comes to creativity!
Click read more for the full story.
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