The Auckland airport is planning to postpone the construction of a second runway.

In late 2007, the work on the runway had started; however, the work was abandoned in August 2009.

Doubts over the regulatory structure and reduction in the air traffic due to financial turmoil were cited as the main reason for suspending the work.

The move has been taken after seeking advice from the airline industry. The officials say that it would be beneficial in the efficient use of peak-time capacity on the present runway.

Chief Executive, Simon Moutter, disclosed that they have taken the decision that the present runaway can cope up with the predicted growth for some more years, contradictory to what was expected earlier.

He added that there is an increase in the number of the passengers; however, the growth was not as expected earlier.

He disclosed that postponing the important capital construction in the runway will be beneficial in making the service cost-effective for its consumers.

Moutter said that they have taken the move as it goes hand in hand with their plans to have an increase in the investor value.

The shares of the airport were priced at $1.96 yesterday.