AIRWAYS CORPORATION of New Zealand, which supplies air-traffic services to the country, has reduced its charges by a further 3% for en route instrument-flight-rules operations and international airport-approach services.
The reductions follow a 10% discount already in place from October 1994. Airways Corporation chairman, Rex Loach says, that the cuts were made possible by increased commercial-aircraft movements: "Our result for the first six months to December 1994 was NZ$4 million [£1.6 million], earned on revenue of $46.7 million.
"The price reduction will apply through to 30 June, 1997, provided that conditions outlined in our statement of corporate intent do not change."
Source: Flight International
