Auckland Airport Passenger Charge Reduction Implemented

Auckland Airport has reduced passenger charges in response to criticism from a regulatory watchdog. The move aims to address concerns over the airport’s pricing structure.

Actions Taken

• Passenger charges have been reduced
• The reduction is in response to criticism from a regulatory watchdog

Financial Analysis

Auckland Airport’s recent price is 7.03 AUD, representing a 12.19% decline from its 52-week high of 8 AUD. Key financial metrics include:

• Price to earnings ratio: 174.05
• Price to book ratio: 1.28
• 52-week low: 6.5 AUD

Note: The 52-week low may indicate a potential support level for the airport’s stock price.