No dividend will be paid to the owners of Queenstown Airport Corporation (QAC) as the council-controlled company continues to stabilise its drastically reduced finances in the wake of the Covid-19 pandemic. The results for the year to June 30 show total revenue was down 40% to $27.8million, and profit after tax was down 91% to $1.6million. QAC is owned by the Queenstown Lakes District Council (75%) and Auckland International Airport (25%). A … Continue reading No dividend to be paid by Queenstown Airport [Otago Daily Times, 20/08/21]