Airways Statement of Corporate Intent 2019

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

INTRODUCTION AND NATURE & SCOPE OF ACTIVITIES

STRATEGIC CONTEXT

AIRWAYS’ BUSINESS UNITS

FY20 KEY STRATEGIC WORKSTREAM

Rapid Growth in the use of Unmanned Aerial Vehicles (UAVs) UAV (drones and autonomous vehicles) usage continues to grow exponentially, bringing with it significant challenges to ensure safe integration of UAVs into the airspace. To achieve this, there is a need to develop a national UAV traffic management framework which addresses aerodrome safety, airspace management and national UAV infrastructure. Our vision is to create a world-leading UAV industry that is safe and commercially viable. Our role in this vision is to work with our aviation stakeholders to develop a safe, transparent and efficient UAV management system for New Zealand. Future aerodrome services With airspace becoming more congested and complex, digital technologies are emerging that will help simplify the controller environment and enrich their role with information which has not traditionally been possible to overlay. These digital technologies also allow services to be delivered centrally and clustered in a way that enhances safety and delivers operating benefits.

Value chain disruption Increasingly, the traditional silos of the ANSP value chain are being challenged and broken down. There are now more non-traditional players entering the market as they seek to influence market growth and dynamics, and this is particularly true for the UAV market (drones and autonomous vehicles). This creates opportunities for Airways both domestically and internationally, but also introduces completion from non-traditional sources. Technological advancements reduce traditional barriers to entry (physical location and capital investment), introducing competition into the value chain. Using data, automation and artificial intelligence to improve services Industry investment into, and adoption of, new technologies (such as conflict detection, separation assurance monitoring, and advanced flow management) is occurring at a rapid pace. These new technologies use data to deliver automation and artificial intelligence, improving safety and increased workforce productivity. Customer demands for greater efficiencies will continue to drive ANSPs to invest in these technologies and transition away from traditional ATM models that rely heavily on human input and judgement.

MEASURE OF SUCCESS

FINANCIAL FORECAST BY UNIT ($NZM)

DIVIDENDS

REPORTING TO SHAREHOLDING MINISTERS

POLICY FOR SHARE ACQUISITION

COMPENSATION FROM THE CROWN

THE CROWN’S INVESTMENT IN AIRWAYS

APPENDICES