Airways New Zealand lifts charges in 2009, but profit halved

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]

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This report contains the following subheadings:

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

This report contains the following charts and tables:

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