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Wellington Airport has reported a solid first half of the 2025–26 financial year, with unaudited revenue up just under 4 per cent to $94.4 million for the six months to September 30, 2025.
EBITDAF before subvention payment increased 3.9 per cent to $65.5 million compared with the same period last year.
International passenger numbers rose 6.7 per cent, supported by increased Qantas services, while domestic passenger numbers fell 4.7 per cent. Total passenger movements declined 3.1 per cent to 2.52 million.
| Category | Unaudited 6 months ended 30 Sep 2025 | Unaudited 6 months ended 30 Sep 2024 | Audited year ended 31 Mar 2025 |
|---|---|---|---|
| Passengers – Domestic | 2,126,920 | 2,232,540 | 4,525,989 |
| Passengers – International | 393,183 | 368,490 | 790,869 |
| Aeronautical income | $55.4m | $53.9m | $110.4m |
| Passenger services income | $28.8m | $27.0m | $54.7m |
| Property/other income | $10.2m | $10.0m | $20.1m |
| Operating expenses and employee remuneration | ($28.9m) | ($27.9m) | ($55.1m) |
| EBITDAF before subvention payment | $65.5m | $63.0m | $130.2m |
| Net profit/(loss) after tax | ($4.8m) | ($0.7m) | $25.8m |
| Capital investment | $72.9m | $34.0m | $117.4m |
Wellington Airport chief executive Matt Clarke says the results reflect both current challenges and long-term progress.
“Domestic travel has faced well-known headwinds in recent times, including Air New Zealand’s fleet availability issues, which are set to improve over the next year or two. Demand for international travel remains strong, helped by increased Qantas services.
“In the last six months we’ve made excellent progress in preparing for future growth and building a better airport to support passengers, airlines and the wider Wellington region.
“As part of this, we’ve commenced our long-awaited runway upgrades, added much-needed parking capacity, constructed our new Airport Fire Station and transformed our terminal with a new multi-level venue, Good Day, and the new Wētā Workshop sculpture Manu Muramura.”
Highlights from the last six months
- Runway safety upgrades well underway, due for completion in 2026
- New 800-space carpark opened
- Construction completed on new Airport Fire Station, with operational transition underway
- Scored 98/100 and achieved a five-star rating from GRESB in its global sustainability assessment
- Wellington City Council agreement to sell land enabling Lyall Bay waterfront upgrade
- Planning for southern seawall renewal complete, with resource consent application lodged
