On the back of the publication of its 2017–18 Annual Report, Airservices Australia CEO, Jason Harfield, has outlined a robust financial and safety performance that should also benefit the industry at grass roots level.
“The results speak for themselves – in 2017-18, Airservices posted a $75 million net profit after tax with an 11 per cent increase in productivity on the previous year while maintaining our strong safety performance, with zero significant attributable safety occurrences,” said Mr Harfield.
Accordingly, Airservices aims to hold prices at 2015 levels until at least 2023. The price freeze won’t be affecting a significant investment programme whose flagship initiative, OneSKY, aims to harmonise civil and military air traffic control in Australia on one system. The multi-year timetable to deliver OneSKY is on track, with Airservices and the Department of Defence finalising the agreement during 2017-18.
“OneSKY will unlock more than a billion dollars of economic benefits for Australia as we cater for the forecast growth in both air traffic and infrastructure investment over the next decade,” Mr Harfield said.