Nelson Airport records 71% increase in EBITDA for FY2016/17

Nelson Airport recorded (Sep-2017) an EBITDA of NZD5.8 million (USD4.1 million) for FY2016/17 ended 30-Jun-2017, a 71% year-on-year increase. While passenger numbers increased 16%, operating and administration expenses only increased by NZD0.2 million (USD0.1 million) which directly supported the NZD2.8 million (USD2 million) growth in revenue to NZD9.1 million (USD6.5 million). CEO Robert Evans and chairman Paul Steere stated: "This is an extraordinary achievement for a New Zealand regional airport". [more - original PR]