Airways NZ seeks 30% fee increase to cope with rampant aviation growth

Thu, 05 May 2016

By Pattrick Smellie May 6 (BusinessDesk) - Airways Corp, the state-owned enterprise in charge of air traffic control, is seeking an increase of up to 30 percent in its total annual fees to airlines over the next three years to cope with exponential growth in air traffic. Airways has already seen annual budget growth of 150 percent to about $15 million in recent years and chief executive Ed Sims told BusinessDesk the demand for upgraded technology to cope with booming growth from Asia meant further investment was required. The corporati...

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