Did you know?
Christchurch Airport is New Zealand's second largest airport, with regular services to 15 destinations around the country and more than 140 international arrivals and departures every week.
As the international gateway for Christchurch and the South Island, we are the busiest and most strategic air connection to the world's trade and tourism markets.
2023 Financial Year passenger numbers*
- 5.69 million passengers travelled in and out of Christchurch Airport in the 2023 financial year. That compares to 3.26 million the prior year and just under 7 million pre-pandemic.
- Strong demand has lead to growth of 48% for domestic passengers year on year, whilst international passengers grew 592% as borders were open the whole year.
- For visitor arrival numbers by country of residence, please refer to Statistics New Zealand's monthly releases.
- View our monthly passenger arrivals and departures here.
2023 Financial Year reporting*
- Net Profit After Tax, including underlying operating profit and revaluations of our investment property, totalled $36.8 million compared to $59.5 million the previous year.
- Underlying operational profit after tax (Net Profit After Tax excluding net tax impact of fair value gains on investment properties, gain on disposal of assets, non-cash lease accounting adjustments and impairment of property, plant & equipment), totalled $30.6 million compared to $3.2m in the previous year.
- Fair value gains on our investment property portfolio was a loss of $4.5 million, compared to a gain of $48.4 million the previous year. Our overall investment property portfolio was valued at $753 million, up 5.4% on the previous year.
- Our balance sheet strengthened with total asset book value increasing to $2,324 million. That’s growth of about $176 million on prior year.
- The Board of Directors declared an annual dividend of $27.6 million. $14.5m having already been paid to shareholders in February 2023.
Want to learn more? You can view our Annual Reviews here.
*to end of June 2023
Supporting our community
As a business, we support the Christchurch, Canterbury and South Island economy in a wide range of ways:
- More than 7,000 people are employed in 250 companies on the airport campus in full time, part time or casual roles, making it the largest single centre of employment in the South Island.
- What happens on the airport creates employment for more than 20,000 full time equivalent workers across Canterbury.
- Antarctic operations delivers $80 million a year in direct benefits to the city.