08 Mar 2014
Airways New Zealand has this week reported a solid half-year financial profit of $10.4 million, compared to last year’s half-year result of $5.2 million.
Revenue of $92.4 million to December 2013 compares to $82.3 million for the same six-month period last year – reflecting Airways recent price increases and a 1.8% increase in air traffic volumes.
This strong financial result comes on the back of recent significant achievements in Airways global training business.
At this week’s World ATM Congress in Madrid, Airways CEO Ed Sims announced a training agreement with Inter American University of Puerto Rico (UIPR). This is the second such partnership the company has established this year – and evidence of Airways commitment to growing its global business through smart partnering.
Mr Sims said that Airways agreements with UIPR and Emirates Aviation College to provide air traffic control and air traffic management courses at the two world-renowned training institutions, enabled Airways to build on its existing relationships with the aviation colleges for the benefit of customers in those regions.
“With these partnerships, we can provide our sought-after air traffic services training to customers in Latin America and the Middle East, at top quality aviation training facilities based in their regions. These collaborations combine world-class training expertise developed in the South Pacific, with delivery into key international aviation hubs,” Mr Sims says.
The UIPR training partnership announcement this week follows further success for Airways in the air traffic control training sector. The organisation’s state-of-the-art Total Control simulator was a drawcard of Airways booth at World ATM Congress this week, and it’s attracting widespread interest from similar organisations.
The Cook Islands Airport Authority recently purchased a new operational desktop version of the simulator – called Total Control Performance – and Airways is in discussions with a number of other air navigation service providers who are considering implementing Airways simulator technology into their training programmes.
Ends
For further information please contact:
Philippa Sellens
Airways Head of Communications and Corporate Relations
Ph: 021 438243
Email: communications@airways.co.nz
About Airways
Airways is a world-leading commercial Air Navigation Service Provider (ANSP), and operates in New Zealand as a State-Owned Enterprise (SOE).
We look after key aviation infrastructure around New Zealand and manage the more than 1 million traffic movements per year into and around New Zealand’s 30 million sq km of airspace.
Airways provides air traffic control and engineering training, and has delivered air traffic management, Flightyield revenue management solutions, navigation services and consultancy in more than 65 countries.
For more information about Airways please visit www.airways.co.nz