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1188 days ago

Queenstown Airport profits plummet during turbulent year

Nicole Mathewson Reporter from Otago News

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.

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More messages from your neighbours
3 hours ago

What's your favourite tomato recipe?

Mei Leng Wong Reporter from NZ Gardener & Get Growing

Kia ora neighbours. We know your tomato plants are still growing, but we're looking ahead to the harvest already! If you've got a family recipe for tomatoes, we'd love to see it and maybe publish it in our magazine to share with our readers. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our February 2025 issue.

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1 day ago

Poll: When should the tree go up? 🎄

The Team from Neighbourly.co.nz

From what we've heard, some Christmas trees are already being assembled and decorated.

What are your thoughts on the best time to get your Christmas tree up?

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When should the tree go up? 🎄
  • 5% Second half of November
    5% Complete
  • 43.8% 1st December
    43.8% Complete
  • 16.6% A week before Christmas
    16.6% Complete
  • 33.2% Whenever you wish
    33.2% Complete
  • 1.4% Other - I'll share below
    1.4% Complete
1023 votes
16 hours ago

The Neighbourhood’s Brainiest: Can YOU Solve Today’s Riddle?

Riddler from The Neighbourly Riddler

You see a boat filled with people.
It has not sunk, but when you look again you don’t see a single person on the boat.
Why?

Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.

Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

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