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Communications, Services & Infrastructure Sector

Airways Corporation of New Zealand Ltd (Airways)

Airways Corporation of New Zealand Ltd (Airways)

Airways provides air navigation services within New Zealand's two flight information regions and internationally. It also pursues related businesses such as international air navigation consulting and aviation publishing.

Website: www.airways.co.nz (opens in a new window)

2008/11 Statement of Corporate Intent (.pdf 100kb)

Key Company Data

Company Form State-owned enterprise
Year of Establishment 1987
Head Office Wellington
Chair (term expiry) Con Anastasiou (October 2010)
Deputy Chair  Susan Paterson (April 2009)
Board Membership Anthony Briscoe (October 2009)
  Craig Ellison (October 2009)
  Don Hamilton (April 2009)
  Hoani Hipango (October 2009)
  Susan Putt (April 2011)
  Graeme Reeves (April 2010)
CEO Ashley Smout
Balance Date 30 June
Number of FTE Staff 685

 

 

Key Financial Data
($ million)
2002/03
2003/04
2004/05
2005/06
2006/07
Financial Performance
 
 
 
 
 
Total Operating Revenue 116.8  123.9  131.5  131.7 131.3
Economic Value Added (EVA)  2.5   3.0  3.3 2.4 1.99
Financial Position
 
 
 
 
 
Total Assets  112.4  108.3  106.1  111.5 131.3
Equity  57.7   86.8 86.6   85.3 85.7

These figures are EVA-based because Airways primarily uses EVA reporting.

Financial data and staff member information correct as at 30 June 2007.  All other information correct as at 1 May 2008.

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