Airservices Australia has published its 2017–18 Annual Report, demonstrating its commitment to delivering safe, more efficient and innovative services for all who operate in Australia’s skies.
Innovation through technology was a constant theme of the 2017-18 financial year, said Airservices Chief Executive Officer Jason Harfield.
"The aviation industry is changing rapidly and growing increasingly sophisticated. Airservices is focussed on delivering customer value and achieving our service outcomes safely and more efficiently in this new environment," Mr Harfield said.
"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.
As a result of its strong performance, Airservices, which operates at no cost to government, forecasts to hold prices at 2015 levels until at least 2023 – a significant achievement given the size and scale of the investment program that is being delivered.
At the forefront of these investments is OneSKY, a world leading project that harmonises 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.
"Our progress in 2017-18 leaves Airservices well positioned to continue to meet its important safety mandate and assure ongoing, safe service delivery and customer value," said Mr Harfield.
The Airservices 2017-18 Annual Report is available at www.airservicesaustralia.com/publications/corporate-publications/annual-reports/
