Travellers are taking to the air in stronger numbers than expected during the pandemic recovery, helping Palmerston North Airport to keep its finances in the black. Company chief executive David Lanham presented the airport’s annual report to the council’s finance and audit committee on Wednesday. READ MORE:* Flights return lifts Palmerston North Airport's outlook* Airport hunkers down in hope of flights resuming after coronavirus crisis* Palmerston North mayor urges airline to bring in the jetsRatepayers will not receive a dividend from the company, after $685,000 was paid out the previous year. Last year the airport planned for 690,000 passengers and had scaled that down as low as 265,000 for this year. “To get passenger numbers up is quite significant and the council has not had to dip into its finances for bailouts.”

Source: Stuff October 21, 2020 01:41 UTC