Delivering on our Faster, Higher Stronger ambitions

Aspirations set in early 2013 June 2013 June 2017

400,000 213,781 356,315

A decrease of 2,955
Double Chinese arrivals to 400,000 by FY17
(0.8%) in FY17

$60m
Build property rent roll to $60 million by
FY17
$44m $72.9m
An increase of $9.9 million
(15.7%) in FY17

10m
Achieve 10 million international passengers 7.3m 9.7m
An increase of 1.0 million
(excluding transits) by FY18 (11.0%) in FY17

20m
Reach 20 million total passengers by FY20
14.5m 19.0m
An increase of 1.8 million
(10.2%) in FY17

2017 Investor day 11

Aeronautical business

55% 65 30
The busiest airport in New International 46 international destinations and International airlines and
Zealand passengers 19 domestic destinations 5 domestic airlines

Market fundamentals Located in the high growth Asia- New Zealand remains 3,635 metres of runway, plus
remain strong Pacific region underserved future second runway

2017 Investor day 18

Significant increase in connectivity over the last two years

Network 11 18 +20%
FY15-17 New Routes New Destinations Capacity Added

Tianjin

Chongqing Beijing Haneda San Francisco

Chengdu Osaka Los Angeles

Dubai
Shanghai
Shenzhen Houston
Doha Hong Kong
Manila
Ho Chi Minh City

Rarotonga

Buenos Aires
Domestic

Source: AIAL data, New routes and capacity announced since July 2015.
2017 Investor day 19
With the appropriate investment New Zealand tourism can continue to
grow sustainably

New Zealand tourism density is low compared with The New Zealand government is investing in tourism infrastructure
peer group countries and hotel capacity constraints are forecast to ease

Visitation per capita New government policies

Austria (20th)

Croatia (22nd)
3.1

3.0
$1b
Regional development fund
$76m
Department of Conservation tourism
infrastructure investment over 4 years*
Ireland (32nd) 2.0

New Zealand (61st) 0.8

$102m
Tourism Infrastructure Fund
Visitation per square kilometre investment over 4 years*
* = already announced

Austria (32nd) 324

Hotel market statistics

+35% 81%
Croatia (38th) 227

Ireland (49th) 138

Forecast Auckland hotel New Zealand hotel

New Zealand (112th) 14
capacity increase over the occupancy suggests
next 4 years capacity is still available
.
Source: World Bank; Auckland Airport analysis, Statistics New Zealand .
New Zealand data as at Oct17, all other countries 2015 Source: Horwath HTL, Tourism industry Aotearoa
2017 Investor day 22
Demand for travel to New Zealand remains high

Hong Kong China Japan Canada

15% 36% 26% 33%

Germany

42%

37%
48% 33%

UK
S.Korea USA
24%

Taiwan

32% 42% Philippines 38%

India Brazil
35%
24%
Chile
38%
New Zealand
= underserved demand Domestic
for travel to New Zealand 29% 39% 25% Argentina

Singapore Indonesia Australia

Source: Auckland Airport Network Modelling Analysis, based on NS17 forecast data
2017 Investor day 24
China direct flights have increased NZs competitiveness as a
destination and opened up SE Asia routes

Modelled passenger flows

in IATA Northern Summer

2015 2017

North Asia
7% 10%
Seats on SE Asia routes opened China direct services have
up to other passenger flows as Non Stop enhanced New Zealands
Chinese passengers shifted onto 61% 76% competitiveness as a
SE Asia
direct services, enabling destination and supported the
23% 5%
diversification of the visitor mix to Australia rise in independent travellers.
New Zealand e.g. Malaysia +24% 9% 9% Chinese visitors now spend 9
in the 12 months to Sep-17 days holidaying in New
Zealand, up 80% on 20091

1) Source: Statistics New Zealand as of September 2017

2017 Investor day 25
Phase 3 International departures expansion

Key benefits:
~35,000 sqm of new and
New farewell
refurbished floor space area
Doubled capacity for departure
processing including customs
Void
clearance and security infill New truck dock &
screening emigration
New decompression area Refurbished
airside dwell and
Enhanced airside dwell space New raised retail
floor
Increased retail space
New
Transformed customer journey Mezz

Significantly enhanced
departure experience New roof New roof
A platform for future expansion plant room

2017 Investor day 44

New Domestic Jet
Terminal
Key benefits:
Integrated terminal allowing direct
access between domestic and
international travel
Step change increase in
passenger processing capability
Common landside functions
Swing operations on the airfield
New airline lounge facilities
Enhanced transport forecourt
Expanded domestic retail offering

Reference image only, actual design will vary

2017 Investor day 45

Northern Runway
Key benefits:
A step change in runway
capacity
Enhanced resilience to the
airport runway system

Timing:
Around 2028 based on forecast
demand

Next steps:
Notice of requirement process
underway
Working with stakeholders to
maximise the efficiency of the
existing runway
Undertaking feasibility work
focused on efficient design,
procurement and construction
Airfield capacity enhancement of
current runway

2017 Investor day 46

International departures expansion first stages delivered

Doubled
emigration
area

New lounge
and duty
free

2017 Investor day 59

International departures upgrade phasing

Proposed phasing:
Expanded Duty Free and
Q2 FY18 Western precinct

Q3 FY18 Remaining Destination offer

Q4 FY18 Standalone store

Q1 FY19 Specialty & Luxury High Street

Additional retail storage H1 FY19 Food & Beverage area

to facilitate new click and
collect model

2017 Investor day 60