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AUSTRALIA'S ADELAIDE AIRPORT POSTS US$4.5 MLN ANNUAL PROFIT.

AsiaPulse News

| November 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ADELAIDE, Nov 1 Asia Pulse - Adelaide Airport posted a $A4.8 million ($US4.47 million) before tax profit in 2006/07 with a record number of passengers using it.

The 6.3 million passengers who flew in or out of the airport in the 2006/07 financial year was an 8.1 per cent increase from the previous year and the first time the annual figure topped six million.

Adelaide Airport Ltd's (AAL) annual report revealed a net profit before tax of $4.8 million and total revenue of $126.3 million.

AAL managing director Phil Baker said the airport recorded significant traffic growth in all sectors of the ...

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Source: HighBeam Research, AUSTRALIA'S ADELAIDE AIRPORT POSTS US$4.5 MLN ANNUAL PROFIT.

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