The company has reported an underlying loss of almost 12-million dollars in the year to June 30, up from 39.4 million last year.
Herald aviation writer, Grant Bradley, says the results reflect the year that's been.
He says when Auckland was in lockdown, the Airport experienced passenger numbers equivalent to 1966.
He says when airlines stop flying, they don't get revenue from planes taking off and landing, or from passengers using the terminals.