
Airways profit soars 54pc as NZ aviation booms
The state-owned enterprise will double its dividend to Government, paying out $9m.
The state-owned enterprise will double its dividend to Government, paying out $9m.
Auckland Airport capital spending could reach $370 million this year as it speeds up work to keep up with surging demand.
Car parking revenue at Auckland Airport jumps after a decline in the previous financial year.
Airwork Holdings has delivered a 58 percent boost in full-year profit to $24.6 million following strong earnings growth in its expanded aircraft business.
The aviation boom is pushing up profits at Auckland Airport - which is paying a big bonus to staff and a higher dividend to shareholders.
Air NZ is warning of a sharp drop in underlying earnings in the current year as competition intensifies.
Air New Zealand's record profit has been achieved with capacity growth being met by demand, containing costs and cheaper fuel.
Air fares are staying down as a result of increased competition and Air New Zealand expanding routes.
Travel agent Flight Centre's New Zealand operation has achieved record sales although around the world faces headwinds in some areas.
Chinese regional carrier Tianjin Airlines will start flying three times a week between its base in northern China and Auckland.
Staff and shareholders are in line for a big payout after profits head through the roof at Australia's national carrier.
A drone operator who flew in restricted air space and got within 120m of a helicopter preparing to fight a forest fire has today escaped a conviction.
Air crash investigators are planning to dump replica Boeing 777 wing flaps fitted with satellite trackers into the Indian Ocean.
An Airforce aircraft has had to make an emergency landing after its engine overheated mid-flight.
A pilot had to carry out a "go-around" to avoid a possible collision with a drone.
It's getting increasingly unsafe to fly in the world's fastest-growing aviation market.
Martin Aircraft is to enter a technology-sharing agreement with KuangChi, seeing its chief executive step down.
Hamilton plane maker Pacific Aerospace has sold its biggest order of its P-750 planes to a Chinese government sports agency.
A Queenstown youth wrote the threatening note that caused a bomb scare at the resort's airport last month.
Jetstar boss Grant Kerr has quit the airline and will leave at the end of the month after three years at the top.
Malaysian Airlines flight MH370 has been found to have taken a catastrophic dive, analysis by defense scientists reveals.
Britain's Serious Fraud Office is launching a formal investigation into suspected fraud, bribery and corruption in connection with commercial plane sales by Airbu
Amazon has revealed its first branded cargo jet as the internet retailer expands its logistics capabilities.
Memories flooded back for Alan Frewer as he soared into the skies over North Canterbury in a Spitfire.
Passengers ran for their lives after evacuating Emirates flight which burst into flame after crash landing at Dubai airport.
Google's Project Wing drone delivery services will be tested at a US site, the White House has announced.
Virgin Australia will post an annual loss of $224.7 million due to the impairments and charges.
Kiwi passengers on a new flight route direct to Auckland from Los Angeles were forced to spend a night at the terminal when the flight was delayed by 16 hours.
Former Auckland Airport employee changed client bank account numbers to her own within the airport's accounting system.
Police are still searching for the person responsible for writing the note that mentioned a bomb onboard a Qantas flight that landed in Queenstown.