Airways Statement of Corporate Intent 2019

Airways Corporation of New Zealand Limited Statement of Corporate Intent    2020-2022

Contents

INTRODUCTION AND NATURE & SCOPE OF ACTIVITIES

XX Introduction and nature & scope of activities

3 3 3 3 4 5 5

STRATEGIC CONTEXT

Objectives, Vision, Purpose and Values

Airways’ Strategy

Safety

AIRWAYS’ BUSINESS UNITS

XX Strategic context

Rapid growth in the use of Unmanned Aerial Vehicles (UAVs)

FY20 KEY STRATEGIC WORKSTREAM

Future aerodrome services

Value chain disruption 5 Using data, automation and artificial intelligence to improve services 5

MEASURE OF SUCCESS

XX Airways’ business units ATM capital development

6 7 7

FINANCIAL FORECAST BY UNIT ($NZM)

Commercial businesses

XX FY20 key strategic workstreams

8

XX Measures of success

9

DIVIDENDS

XX Financial forecasts by unit ($NZm)

10

REPORTING TO SHAREHOLDING MINISTERS

Accounting policies

11

XX Dividends

12

POLICY FOR SHARE ACQUISITION

XX Reporting to shareholding Ministers

13

XX Policy for share acquisitions

14

COMPENSATION FROM THE CROWN

XX Compensation from the Crown

14

XX The Crown’s investment in Airways

15

THE CROWN’S INVESTMENT IN AIRWAYS

XX Appendix A: Financial Performance Metrics ($NZm)

17

XX Appendix B: Core Business Economic Value Added (EVA) ($NZm) 18

APPENDICES

XX Appendix C: Group structure

19

DIRECTORY

XX Directory

20

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