Airways Statement of Corporate Intent 2019

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

INTRODUCTION AND NATURE & SCOPE OF ACTIVITIES

ATM CAPITAL DEVELOPMENT Airways has embarked on a 10-year operational strategy, designed to deliver quantum improvements in the safety, resilience and efficiency of our Air Traffic Management (ATM) services. This strategy will see Airways operating state of the art technology and systems, from two interoperable centres. The key components of this strategy for the 2020 – 2022 period include: X X Completing the transition to a new ATM system (Skyline X) operating in the domestic and international oceanic airspace, from new IL4 operational facilities in Christchurch and Auckland and airport control towers. COMMERCIAL BUSINESSES The vision for the commercial businesses is to strengthen the role of trusted advisor to ANSP and other aviation customers, providing them with high quality products and services tailored to their needs and delivery requirements. For the 2020 – 2022 period, the key focus of our commercial businesses will be on validating and expanding the range of products or services, with a strong focus on embracing cloud technology to provide these on demand, whilst continuing to invest in key customer relationships.

STRATEGIC CONTEXT

X X Simplification of airspace design and procedures, in preparation for the transition to interoperable capability in both Christchurch and Auckland. X X Embracing new technologies to deliver fit for purpose solutions at all aerodromes, including digital towers and other service offerings. This will include the capability to deliver digital services from centralised locations and cross-rated teams, improving the flexibility of available services and improving resilience. X X Safely and efficiently integrating drone and UAV operations into manned and unmanned airspace through the introduction of new detection and surveillance capability and a new UAV traffic management platform.

AIRWAYS’ BUSINESS UNITS

FY20 KEY STRATEGIC WORKSTREAM

MEASURE OF SUCCESS

FINANCIAL FORECAST BY UNIT ($NZM)

DIVIDENDS

REPORTING TO SHAREHOLDING MINISTERS

In the longer term, the target product and service mix will be primarily software-based (utilising a subscription or license revenue model); highly scalable (built on a model of ‘build it once and sell it many times’) and able to deliver long term, repeatable revenue streams. Over time, it will also focus on potentially higher value sectors in the aviation industry including airlines and airports.

POLICY FOR SHARE ACQUISITION

COMPENSATION FROM THE CROWN

THE CROWN’S INVESTMENT IN AIRWAYS

APPENDICES