Communications, Services & Infrastructure Sector

Christchurch International Airport Ltd (CIAL)

CIAL is a council-controlled trading organisation in which the Crown has a 25% shareholding. The remaining 75% is owned by Christchurch City Council.

CIAL is New Zealand's second largest airport facility. It has a strong tourism focus, and international passenger numbers have undergone significant growth in recent years. Approximately one third of traffic and two thirds of revenue is international-based. Property management is a significant task for the company with substantial revenue coming from the rental of retail space.

Website: www.christchurch-airport.co.nz (opens in new window)

2009/09 Statement of Intent (.pdf, 87kb)

Key Company Data

Company Form	Council-controlled trading organisation
Year of Establishment	1988
Head Office	Christchurch
Chair (term expiry)	Syd Bradley*
Deputy Chair	Sue Sheldon *
Board Membership	James Boult (October 2009)
	Philip Carter*
	Hanlin Johnstone (April 2011)
	Denis O'Rourke*
	(* Non-Crown Director)
CEO	Rene Bakx
Balance Date	30 June
Number of FTE Staff	174

 

 

Key Financial Data ($ million)	2002/03	2003/04	2004/05	2005/06	2006/07*
Financial Performance
Total Operating Revenue	55.4	63.7	70.8	74.7	79.2
Net Profit After Tax	13.0	14.8	16.6	15.2	24.0
Financial Position
Total Assets	233.9	289.4	318.9	332.3	729.3
Equity	158.7	215.5	222.6	228.0	552.8

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

*  Reported according to International Financial Reporting Standards.