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Airways New Zealand lifts charges in 2009, but profit halved

20-Oct-2009

Growth in aircraft movements in New Zealand have been almost static over FY2008/2009, but profit at local Air Navigation Services Provider (ANSP), Airways New Zealand, has plunged by almost 50% for the 12 months to 30-Jun-2009. [613 words]

Unlock the following content in this report:

Subheadings:

  • Air Navigation costs rising, as Airways NZ struggles to retain staff
  • Business reorganisation enhances revenue
  • Net profit down 46%, but a “positive outcome”

Graphs and data:

  • Airways NZ IFR movements: Jan-2009 to Aug-2009
  • Airways NZ aircraft movements: 1999-2008 (NOTE: Calendar year only, not FY)
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