Auckland Airport introduces cost reduction measures

    Auckland International Airport implemented (06-Apr-2020) the following of initiatives to reduce its cost base:

    • Suspended discretionary expenditure;
    • Reviewed work underway with external consultants;
    • Reduced number of external contractors supporting the business and capital programme;
    • Reduced remuneration of board members and executives by 20%;
    • Reduced the majority of employee pay to 80% and a four day working week;
    • Suspension of bonuses and short term incentives for FY2020;
    • Reduction of operations in line with the new operating environment.