March 16, 2020 / 7:47 PM / 19 days ago

Auckland Airport scraps interim dividend, CEO to take pay cut

March 17 (Reuters) - Auckland International Airport said on Tuesday it would scrap its interim dividend on top of cost-cut measures that include a hiring freeze and a halt to discretionary spending due to the coronavirus outbreak.

The airport operator said its chief executive officer will take a 20% cut to his salary, while directors will see their fees reduced by 20% for the rest of the financial year. (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Arun Koyyur)

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