Nelson Airport declares robust annual result

Nelson Airport today released its Annual Report, announcing net profit after tax of $2.4 million, EBITDA of $11.3 million, and declaring a $1.5 million dividend to Infrastructure Holdings Ltd (jointly owned by the region’s two Councils). 

Key results in the financial year to 30 June 2026 included: 
•    844,874 passengers 
•    $11.3 million EBITDA (earnings before interest, taxation, depreciation, amortisation and loss on disposal) 
•    $2.4 million NPAT (net profit after tax) 
•    $19.4 million Total Revenue 
•    22% reduction in Scope 1 and 2 emissions 
•    0 Lost Time Injuries 

Nelson Airport chief executive Brendan Cook said the year had brought both progress and challenges for the airport. 

"We were humbled to be recognised for our efforts across business development, community engagement and sustainability through several awards this year, including the Nelson Tasman Chamber of Commerce Large Business Award, the Sky Tower Firefighter Challenge Community Engagement Award, and the Swap One 'Emissions Crusher' award. We were also delighted to retain our 'Excellent' customer satisfaction rating. 

"At the same time, the wider economic and aviation operating environment was very challenging. The team has worked hard to deliver a robust result in these conditions, through disciplined cost control and efforts to boost our non-aeronautical revenue streams." 

Brendan said the airport had delivered improvements that strengthened customer experience, as well as infrastructure resilience and connectivity. Completed projects included the introduction of ticketless parking, a new website, the $10 million Apron Project and an ongoing programme of stormwater upgrades. 

The unveiling of cultural design installation Aorere Ararau in March was a significant milestone for the airport's relationship with iwi, and its evolving approach to representing the character and stories of the region. "Customer experience remains central to what we do, and initiatives such as the waka installation bring a uniquely Whakatū-Nelson essence to that experience." 

The airport's Scope 1 and 2 emissions decreased by 22%, reflecting ongoing improvements and changes in the national mix of renewable electricity. Reducing Scope 3 emissions, largely produced by flights, remained a big long-term challenge largely dependent on advances in the aircraft manufacturing and sustainable fuel industries. 

The airport's runway extension planning framework was confirmed in July, and Brendan said the airport was well-positioned to support and develop the region's connectivity.