Re:Why Does a Plastic-Wrapped Turkey Sandwich Cost $15 at th...
by Ekaros on Saturday April 15, 2023 @05:35PM
(#35584769)
Airports are pretty expensive. To run and build. Managing and up keeping massive land area isn't cheap. And the buildings themselves are also big and have quite a lot of staff and specialised stuff going around.
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Re:Why Does a Plastic-Wrapped Turkey Sandwich Cost $15 at th...
by kevviiinn on Saturday April 15, 2023 @05:59PM
(#35585004)
How much profit do airports report?
Re:Why Does a Plastic-Wrapped Turkey Sandwich Cost $15 at th...
by robocat on Saturday April 15, 2023 @07:21PM
(#35585639)
My local example would be ~3% dividends for Auckland Airport, which is a premier airport within NZ (Wellington and Christchurch get fewer international flights). I don’t think they have done any share buybacks in the last decade.
Auckland International Airport Ltd (AIAL) was floated on the (Australian) Stock Exchange in Feb-1999, making it one of the first gateway airports globally to be listed publicly. [Auckland city council has reduced its ownership] to the current 18%
https://dividendyield.co.nz/viewdetails.php?loc=AIA
Re:Why Does a Plastic-Wrapped Turkey Sandwich Cost $15 at th...
by systemtest on Saturday April 15, 2023 @06:48PM
(#35585428)
Your average international airport staffs tens of thousands of people.
Re:Why Does a Plastic-Wrapped Turkey Sandwich Cost $15 at th...
by ClumsyPilot on Saturday April 15, 2023 @09:38PM
(#35586463)
In UK we have a very clever system - The taxpayer builds all the airports. We wait and see which ones turn out to have large demand and reliable revenues.
Then we privatise large international airports..
Meanwhile the smaller loss-making airports stay in public ownership because no-one wants to buy them.