Newcastle Airport profit triples to $9.7m as passenger numbers soar
Newcastle Airport made $9.7m profit on nearly 1.3m passengers in 2025-26, up from $2.6m the year before.
Newcastle Airport posted a record financial year, with profit nearly tripling to $9.7 million. The airport handled nearly 1.3 million passengers from July 2025 to June 2026, a 9.6 percent increase of about 113,500 travellers.
Four new routes, Perth, Bali, Singapore via Bali, and seasonal Hobart flights, drove much of the growth. Total revenue rose more than 20 percent to $56 million.
Mr Horton said the extra passengers boosted secondary income through shops, advertising, car rental and parking, while the airport's property portfolio also grew. However, the airport's total debt jumped $105 million to $340 million in just 12 months.
Interest payments climbed more than 50 percent to $11.78 million yearly, now eating up more than 20 percent of total revenue.
- $9.7 million
- Profit 2025-26
- 1.3 million
- Passengers handled
- 113,500
- New passenger increase
- $340 million
- Total debt now
Why it mattersStrong passenger growth shows demand for new routes, but rising debt signals the airport must balance expansion with financial risk.
AustraliaNewcastle residents and regular travellers benefit from new destinations, though the airport's heavy borrowing could affect long-term pricing and service.
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