4th March 2024 Airways
Airways New Zealand has reported a profit of $13.4m for the half year to December 2023, up from nearly $2.6m during the same period in 2022.
Recovery in the aviation sector has pushed Airways New Zealand’s annual profit back into black, with a net profit after tax of $5.4m for FY2023.
James Young has been with Airways for nine years, most recently as acting chief and prior to that he was chief financial officer.
Consultation is underway on Airways’ pricing for the next three-yearly cycle, running 1 August 2022 to 30 June 2025.
Consultation on Airways’ pricing framework is now underway.
Air traffic control services will be retained at Rotorua Airport following the results of a review by the Civil Aviation Authority, says Airways New Zealand.
Airways has waived the cost of approximately 35 aircraft movements as part of its support for this year’s New Zealand Association of Women in Aviation annual rally.
Consultation to close on Wednesday 16 June.
Airways has confirmed it is to withdraw air traffic services at seven New Zealand airports, citing a dramatic loss in flight numbers caused by Covid-19.
The navigation services provider says international traffic could take two years to recover.
Survey responses were gathered from 1460 drone pilots, including more than 500 drone service providers. Key results reveal businesses are anticipating a wave of growth for the industry over the coming year.
Air traffic control organisation Airways New Zealand says it is concerned about an increasing number of drone sightings in controlled airspace.
The money will fund the development of a new building on the existing title, an Air Traffic Control centre which will be leased to Airways for 25 years.
Airlines flying to New Zealand could save millions in fuel costs if a test by air navigation service provider Airways proves successful.
The state-owned enterprise (SOE) achieved a Group Net Operating Profit after Tax (NOPAT) of $23.7 million in the financial year ending 30 June, 2017.
Airways NZ is delighted to announce the appointment of Graeme Sumner to the role of CEO.