Auckland International Airport Ltd
AIA: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$2.10 | Drh | Dzpgqdr |
Auckland International Airport: International Passenger Numbers at Same Altitude as Domestic
A feature of the COVID-19 aftermath was that the recovery in New Zealand’s international air passenger numbers had lagged the domestic passenger recovery. In fiscal 2023, wide-moat Auckland Airport’s international passengers were at 67% of pre-COVID-19 levels compared with domestic passengers at 84%.