Airways NZ reports solid and profitable financial year

Airways New Zealand, the sole commercial entity responsible for the provision of air traffic management services in New Zealand, reported a net profit of NZD10.7 million for the 12 months ended 30-Jun-08, an increase of almost 80% year-on-year. [1239 words]

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This report contains the following subheadings:

• Staffing an ongoing issue
• Fuel and emissions: the key drivers over the past year
• Outlook: Pressure to raise charges

This report contains the following charts and tables:

• Airways NZ Group financial highlights for the 12 months ended 30-Jun-08
• Airways NZ Group net profit after tax FY03/04 - FY07/08
• New Zealand International & Domestic market share breakdown (week commencing 06-Oct-08)
• Airways New Zealand operating costs: FY08/07 & FV06/07