A turbulent year for air travel saw Dunedin International Airport record a net after total revenue of $7,548,000

The result is down 1.4% against the previous year, and follows a higher than expected after tax deficit of more than $900,000

Dunedin International Airport Limited Chairman Richard Walls says an 8% increase in passenger numbers is on the positive side of the ledger, while a reduction in revenues from international services, and a reduction in the value of shares held in Fonterra, of nearly $200,000 has kept the company grounded.