Airways Corporation of New Zealand Limited Annual Report 2018 2019
Investment in key customer relationships, continued product development and an ongoing flow of students into our training campuses has driven this result. The Middle East continues to be a focus as we further strengthen our business and relationships in this region. During the year we established a training academy in Kuwait and installed a 320-degree tower simulator in Beirut, Lebanon. In FY19 we were pleased to welcome 111 international air traffic students to our Christchurch and Palmerston North training campuses. I NVEST I NG I N THE FUTURE Through ongoing capital investment and a focus on developing technology enabled solutions, we are making headway towards our vision to create the aviation environment of the future. In August 2018 we opened two new air traffic control towers at Wellington International Airport and Nelson Airport. To celebrate the openings of both towers we held ceremonies attended by staff, our customers, key stakeholders, iwi and members of the aviation community. These two modern towers are a significant investment for Airways and will support the growing aviation needs of both locations. They are also likely to be the last two ‘bricks and mortar’ towers to open in New Zealand, as we look to digital tower technology to deliver safer and more efficient aerodrome services that are better aligned to our customers’ needs. Development of New Zealand’s first digital tower at Invercargill Airport is underway after a contract to design and build the system was awarded in February to Austrian technology company Frequentis. The Airways Board also approved a business investment case for the procurement of a contingent digital tower for Auckland International Airport. We are proud to report the completion of all ground infrastructure for the nationwide Automatic Dependent Surveillance Broadcast (ADS-B) network – a major milestone for New Southern Sky, the Government’s airspace modernisation programme. Fifteen ADS-B sites were installed throughout the regions, bringing the total number of sites to 26. The regional sites will be connected into the air traffic management platform in 2019. The network is on track to be fully operational in time for the anticipated mandate for all aircraft operating in controlled airspace to be ADS-B capable by the end of 2021. ADS-B will replace radar as New Zealand’s main aircraft tracking technology when the secondary surveillance radar system is decommissioned in 2022.
This technology uses GPS to detect and track the movement of aircraft more precisely than radar, and in areas where radar coverage is limited. The system is already detecting aircraft in areas of limited radar coverage such as the Hawke’s Bay, Gisborne and much of the South Island’s West Coast. Drones and autonomous flying vehicles remain the single biggest game changer for aviation and Airways shares in a wider industry vision to safely integrate these aircraft into the existing air traffic network. The development of a nationwide unmanned aerial vehicle traffic management (UTM) system is key to realising this vision and we have made solid progress during the year. AirShare has been established as a subsidiary of Airways. The drone user hub – originally developed in 2014 – has been relaunched as a consumer app with advanced functionality to assist drone users to fly safely. OUR PEOPLE As always, our people are at the heart of Airways’ success and we thank them for their ongoing hard work, commitment and dedication. Our people are key to growing our capabilities and continually pushing beyond the boundaries as we deliver the changes required for Airways to fulfil its vision of creating the aviation environment of the future, A number of structural changes within the Air Traffic Services and Airways International areas of the business were implemented during the year, aimed at streamlining our business processes and delivering a better service to our customers. As part of these changes we welcomed two new appointments to the Airways Executive team – Ed Overy as Chief Information Officer and Sharon Cooke as CEO of Airways International. Katie Breatnach joined Airways as Head of Legal and Company Secretary in July 2019. Development of our staff culture has also been a key focus – Airways’ Culture Development Group has made important steps this year to help make Airways a great place to work. We would also like to acknowledge the successful completion of collective agreement negotiations with the New Zealand Air Line Pilots Association and the Aviation and Marine Engineers Association - the representative unions for air traffic controllers, and engineering and technical staff.
CHAIR AND CEO’S REVIEW
INVESTING IN THE FUTURE
INTEGRATING DRONES INTO OUR AIRSPACE
AIRWAYS INTERNATIONAL
SUSTAINABILITY
AIRWAYS BOARD OF DIRECTORS
FINANCIALS
FINANCIAL PERFORMANCE
PERFORMANCE AND PROGRESS AGAINST SCI METRICS
FINANCIAL STATEMENTS
EVA KEY PERFORMANCE INDICATORS
ADDITIONAL FINANCIAL INFORMATION
GOVERNANCE AT AIRWAYS
Denise Church Graeme Sumner Airways Board Chair Airways CEO
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