Quantcast

Latest Infratil Stories

2008-09-11 15:00:26

By DAMIEN HENDERSON POLITICIANS expressed concern last night over the impact on Prestwick Airport of the collapse of its main charter operator. While the 70,000 tourists that Seguro Holidays put through the Ayrshire hub last year represent around 4per cent of its total passenger numbers, they have played a key role in maintaining growth in a shrinking market. In June, as rival airport operator BAA saw a 4.7per cent drop across its UK network in its European charter passengers,...

2008-08-22 15:00:36

By VAN DEN BERGH, Roeland INFRATIL urged shareholders yesterday to take a longer-term of view of its share price, which has shed about 40 per cent in the past year. The shares opened the July 2007 financial year at $3.02 and closed on June 30 this year at $1.83. Yesterday they closed at $2.16, unchanged on the day. "Last year was not a great year for our shareholders," Infratil chairman David Newman told shareholders at the annual meeting in Wellington yesterday. "If you owned $100...

2008-08-19 15:01:00

By VAN DEN BERGH, Roeland Infratil yesterday urged shareholders to take a longer-term view of the share price, which has shed about 40 per cent in the last year. The shares opened the financial year in July 2007 at $3.02 and closed on June 30 this year at $1.83. Yesterday, they closed at $2.16, unchanged on the day. "Last year was not a great year for our shareholders," Infratil chairman David Newman said at the annual meeting in Wellington yesterday. "If you owned $100 of shares on...

2008-08-14 15:00:43

HEADING for blue skies or a bumpy ride? The future of Glasgow Airport appears to be up in the air, with reports suggesting it is to be put up for sale by the owner, BAA. An announcement might be made as early as next month, around the time the Competition Commission, which has been engaged in a year-long investigation into whether BAA should be broken up, publishes its final recommendations. Judging by its interim findings, released in April, the commission seems minded to favour a break-up....

2008-06-18 18:00:27

By VAN DEN BERGH, Roeland WELLINGTON INTERNATIONAL AIRPORT continues to profit from increased competition among domestic airlines. The number of domestic passengers passing through the airport was up 22 per cent in May, after the arrival of Pacific Blue late last year, which forced fares down, airport majority owner Infratil says in a market update. Wellington City Council owns the remaining one-third of the airport. Planes were on average flying 72.6 per cent full, slightly...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.