Communications, Services & Infrastructure Sector

Invercargill Airport Ltd (IAL)

IAL is a council-controlled trading organisation in which the Crown has a 45% shareholding. The remaining 55% is owned by Invercargill City Council.

IAL operates the Invercargill Airport facility, west of Invercargill, servicing the Southland and Fiordland regions.

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

2008/09 Statement of Corporate Intent (.pdf, 30.5kB)

Key Company Data

Company Form	Council-controlled trading organisation
Year of Establishment	1992
Head Office	Invercargill
Chair (term expiry)	Merv Cook*
Board Membership	David Harrington*
	Thomas Foggo (October 2009)
	(* non-Crown director)
	Martin Walton (October 2010)
General Manager	Barry Bouton
Balance Date	30 June
Number of FTE Staff	7

 

 

Key Financial Data ($ million)	2002/03	2003/04	2004/05	2005/06	2006/07
Financial Performance
Total Operating Revenue	1.2	1.4	1.6	1.6	1.6
Net Profit After Tax	0.2	0.2	0.1	0.3	0.4
Financial Position
Total Assets	7.9	7.9	11.5	13.3	11.3
Equity	7.6	7.7	8.0	8.6	6.2

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