Hawke's Bay airport air traffic control talks to resume
An independent report has recommended retaining air traffic control at Hawke's Bay airport.
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An independent report has recommended retaining air traffic control at Hawke's Bay airport.
Press Release – Airways New Zealand Airways New Zealand today announced its interim results for the half year ending 31 December 2020. The air navigation services provider has recorded a half year loss of $13.8 million, while safety performance remained strong. Domestic air traffic … Airways New Zealand today announced its interim results for the half year ending 31 December 2020. The air navigation services provider has recorded a half year loss of $13.8 million, while safety performance remained strong. Domestic air traffic levels improved more quickly than expected from July to Decemb...
Airways New Zealand falls to $14 million loss for six months 2 Mar, 2021 04:24 AM 4 minutes to read Airways has seen traffic plunge during the past six months. Photo / Brett Phibbs Airways has slumped to a $13.8 million loss for the six months ending December 31, 2020. This compared an after-tax profit of $16.2m for the same period the previous year for what pre-Covid had been a fast-growing aviation sector where Airways is a monopoly supplier for airlines. The air navigation services provider says despite domestic air traffic levels improving more quickly than expected from July to Decemb...
Airways Graeme Sumner said the result reflected the challenges Covid-19 was creating for the aviation industry. “While the domestic market is showing encouraging signs of recovery, our core revenue streams continue to be significantly affected,” Sumner said. Any marked improvement for Airways would come when international travel recovered, he said. “This is forecast to still take some time even with the arrival of Covid-19 vaccines.” Airways’ capital investment programme was constrained with only investments in systems and technology that had been identified as being critical t...