Aviation Sector – Airways NZ announces FY26 interim results

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Source: Airways New Zealand

Airways New Zealand has today announced its interim results for the half year ending 31 December 2025, reporting strong safety and operational performance alongside a stable financial result.

Airways safely managed 243,785 flight movements across the airspace it controls during the period, with no Category A serious air proximity events attributable to Airways and no WorkSafe notifiable safety events involving its people.

The air navigation services provider recorded a net operating profit after tax of $12.2 million for the half year. The financial result reflects lower expenditure for the period, with operating costs reduced through lower employee related, equipment, travel and corporate expenses. Capital expenditure was also below budget, primarily due to timing delays across several major programmes. These timing shifts are expected to ease as key milestones are reached early in 2026, bringing spend back in line with budget.

Airways Chair Darin Cusack says performance over the reporting period demonstrates continued progress against long-term strategic priorities.

“Safety remains at the centre of everything we do and our performance over the last six months is a testament to the professionalism of our people and the strength of our safety systems.

“We are pleased to report a stable financial result supported by prudent cost management. These foundations position us well as we continue investing in the capabilities needed for a resilient, future ready aviation system,” he says.

Alongside strong operational performance, Airways continued to advance the ‘build’ phase of its 10‑year Safe Skies Today and Tomorrow strategy, Airways CEO James Young says.

Key initiatives underway include the development of a remote aerodrome flight information service for Milford Aerodrome, the rollout of enhanced tower surveillance capability, and a clean slate review of managed airspace architecture to leverage modern surveillance and air traffic management technologies.

“We are making strong progress across our future services programme and broader strategic initiatives. These include enhancements to system resilience, modernisation of our airspace architecture, and continued development of our people and technology capabilities,” Mr Young says.

Collaboration with industry partners and government agencies continues to be central to this work, ensuring we can meet the evolving needs of all airspace users.”

Airways International Limited (AIL), the Group’s commercial subsidiary, also advanced its growth strategy during the period, including strengthened partnerships and new multi‑year agreements for training and simulation services.

The report is available to read here: https://www.airways.co.nz/assets/Uploads/Airways-New-Zealand-Interim-Report-December-2025.pdf

MIL OSI

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