How Auckland Airport stayed afloat in the face of Covid-19 18 Feb, 2021 04:02 AM 4 minutes to read Auckland International Airport's $2.4 billion property portfolio kept the company in the black over the first half. The airport's substantial property investment meant it was able to report statutory net profit of $28.1 million in the first half, providing the company with a partial buffer against the financial impact of Covid-19 border closures. Auckland Airport's underlying loss came to $10.5m for the period and it now expects the loss to swell to $35m to $50m in the year to June. International travel through the airport is a mere shadow of its former self.