Auckland International Airport Limited (NZX: AIA, ASX: AIA) owns and operates Auckland Airport, New Zealand's largest and busiest international airport, and holds a significant minority stake in Queenstown Airport Corporation; the company provides aeronautical services including airfield charges, landing fees, terminal services charges, passenger service facilities, and airport development charges, alongside non-aeronautical revenues from retail concessions, car parking, property leasing for logistics depots, hotels, and industrial precincts, duty-free operations, luggage services, currency exchange, and visitor facilities such as lounges, nurseries, and information desks. Headquartered in Manukau, Auckland, the company was formed in 1988 through the corporatization of Auckland Airport by the New Zealand Government and listed publicly in 1998; it serves domestic and international airlines, passengers, and commercial tenants across New Zealand with a primary focus on the aviation and property sectors, generating diverse income streams under a dual-till regulatory framework overseen by the Commerce Commission. Recent developments include a NZ$1.4 billion equity raise in September 2024 comprising a NZ$1.2 billion institutional placement and NZ$200 million retail offer to fund a NZ$6.6 billion aeronautical capital program over PSE4 and PSE5, highlighted by an NZ$800 million contract with Hawkins Limited for the NZ$2.2 billion Domestic Jet Terminal upgrade set for completion by 2029 to integrate domestic and international operations; in March 2025, the company announced a new partnership with a global duty-free operator and released a long-term infrastructure blueprint, while appointing a new Chief Infrastructure Officer in October 2025 and issuing wholesale floating rate notes alongside retail bonds in late 2025 to support ongoing expansions amid robust traffic recovery and property growth.