auckland airport
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AirportAuckland
auckland airportAuckland Airport reaches for the stars
auckland airportAuckland Airport reaches for the stars
With total passenger movements up 5% to 15.8 million in the financial year ending 30th June 2015, Auckland Airport is New Zealand’s
largest and busiest airport. It was originally formed in 1988 when the New Zealand Government corporatized the management of Auckland International Airport; a decade later, in 1998, the airport became the fifth airport company in the world to be publicly listed when the Government sold its shareholding. The major transport connection hub welcomes a massive 70% of those entering or leaving New Zealand each year, making it Australasia’s third busiest airport. Adding to an excellent year, in 2015, Auckland Airport was voted ‘Best Airport in the Australia Pacific’ for the seventh consecutive time. A major driver to the New Zealand economy, the airport generates billions of dollars, creates thousands of jobs and plays a crucial part in connecting the country with the world, whilst strengthening both the trade and tourism industries. Recognising its necessity to continue this growth
trend, Auckland Airport continues to introduce new routes, services and opening consumer facilities such as duty free, fashion, food and beverage retailers in its terminals.
Faster, Higher, Stronger Following its success and growth in recent years, Auckland Airport continues to implement its strategic business plan; Faster, Higher, Stronger, demonstrating that the sky really is its limit. This route is clearly paying off for the company with revenue up 6.9% and total profit up 3.5% to $223.5m in the financial year ending 30th June 2015. Announced in the 2013 financial year, the five-year business strategy embraces the company’s objective of continuously improving everything it does and builds on its 2009-2013 strategy ‘Flight Path for Growth’ which resulted in an ultimate focus to simply ‘make journeys better’. Focusing on growing faster, aiming higher and becoming stronger, the strategy was announced in response to the challenges Auckland Airport has identified from changing
aviation markets, customer expectations and competitive pressure in the retail and commercial property markets.
The Faster, Higher, Stronger strategy provides the company with a sharp focus on important goals that underpin its future. Aiming for long-term success, Auckland Airport is dedicated to deliver on its strategy and considers its most relevant financial and non-financial performance measures against its four strategic themes, ‘Faster, Higher, Stronger’, which has led to its aims being identified as:
Growing travel markets: With an ambitious and innovative approach, the airport intends to work with its airline and industry partners to introduce new flights, provide customers with greater choice, more-convenient flight schedules and greater value for money.
Strengthening consumer business: Through improving and extending its retail, transport and accommodation business, the airport is able to provide more consumer
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www.airport-equipment.com
Sydney, Australia. Phone: 1800-765783
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options than ever before in order to achieve its goal of ensuring it can respond to the ever-evolving needs of its customers.
Fast, efficient and effective: Promising to increase productivity, processes and operations, the airport is improving its overall performance to save time and money for both its passenger airlines and passengers.
Investing for future growth: Auckland Airport is building on its strong foundations for long-term, sustainable growth by continuously investing in infrastructure that supports the company’s requirements, both now and in years to come.
The forecast is sunnyWith its strategic flight path in place, the future looks
bright for Auckland Airport. In line with its overall growth, it experienced growth in a number of established, emerging and domestic markets in the year ending 30th June 2015. The Chinese market continued its amazing growth trajectory, up by 28.8% on the previous 12 months and recognising the ever increasing demand for these areas, Auckland Airport has increased its frequency of flights to fulfil its demand for a number of destinations. With the China Eastern Airlines seasonal service between Shanghai and Auckland Airport becoming so successful, it will now operate four flights per week all year-round from September 2015, increasing its capacity by 100,000 seats to the all-important route each year. Furthermore, North America remains an important market for the airport, with international arrivals from the United States of
America up by 10.6% on the previous period. Reacting to this opportunity, Air New Zealand has announced a new Houston Service from December 2015, highlighting its continuous strive for improvement and growth. Offering up to five B777 flights per week, the new Houston route will offer an additional 126,000 seats annually to the North American market. As well as the growth experienced in established markets, Auckland Airport benefitted from growth in emerging markets such as South America too. With Air New Zealand introducing a new service to Buenos Aires from December 2015, this re-establishment of direct air connectivity from Auckland to Argentina will add 95,000 seats each year. Also profiting from growth in its local market, Auckland Airport saw a 4.2% increase in domestic passenger numbers to 7.2 million.
The future looks brightAcknowledging that its success cannot make the company complacent, Auckland Airport has strong future plans in place to safeguard its position as a global leader connecting the world to New Zealand. Investing in infrastructure is at the forefront of the organisation’s 30 year vision and involves a number of expansion plans for its terminals, from increasing the capacity of the international terminals to its aircraft accommodation facilities and in turn, its departure and retail areas. Continuing to focus on its development of both its domestic and international terminals, its expansion will significantly increase its ability to accommodate growing passenger numbers and will be designed to facilitate Auckland Airport’s future. With the growth of its capacity, brings the opportunity to extend
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its business portfolio. Auckland Airport’s utilisation of its non-aeronautical land has created New Zealand’s most popular new business park. With occupancy rates of the $763 million property portfolio now at 99.9%, this part of the business continues to go from strength to strength and boasts tenants including Coca-Cola Amatil and Fiji Xerox. In addition to its office facilities, Auckland Airport’s two hotels, the Novotel and ibis budget have proven to be such successful business ventures that work has commenced on the design of a third hotel which will be situated near the international terminal. These strategic plans set Auckland Airport in good stead to ensure it can accommodate both the passenger and business park growth over the next 30 years.
Flying high – the man leading the wayAdrian Littlewood, Chief Executive at Auckland Airport is responsible for shaping the strategic direction of the company through working with the Board to drive growth in travel, trade and tourism. Before taking the title of Chief Executive in November 2012, Littlewood was Auckland Airport’s general manager of retail and commercial. Whilst in this position, Littlewood directed the organisation’s growth and development of non-aeronautical revenue that continues to prove a lucrative venture today. Joining the airport in 2009, Littlewood boasts a background in corporate law, strategy, marketing and management. With valuable insight and influence on the tourism industry, Littlewood is also the chair of the New Zealand Airports Association, the co-chair of the Australia New Zealand Leadership Forum and director of the Tourism Industry Association of New Zealand. As Auckland Airport approaches its 50th birthday on 29th January 2016, it’s clear that Auckland Airport is focused on its ability to accommodate growth and strives for continuous improvement.
