Auckland International Airport to Raise $861.8 Million (NZ$1.4 Billion) for New Terminal

Sep 16, 2024, 04:05 AM

New Zealand's Auckland International Airport plans to raise $861.8 million through an equity raise to fund the construction of a new terminal. This initiative aims to enhance the airport's infrastructure and cater to increasing passenger traffic. The airport has already signed a contract for the new terminal's construction, signifying a significant investment in the region's transportation infrastructure. The equity raise amounts to NZ$1.4 billion.