Faster, Higher, Stronger

Faster, Higher, Stronger

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In the 2013 financial year, we announced our strategic plan to grow faster, aim higher and become stronger. Our five-year business strategy – Faster, Higher, Stronger – focuses us on ‘making journeys better’ for all customers and partners of Auckland Airport and responding to the challenges we have identified ahead. These challenges include fast-changing aviation markets and changing customer expectations, competitive pressure in our retail and commercial property markets, and a booming New Zealand tourism industry.

We’re growing travel and trade markets

We have an ambitious and innovative approach to helping New Zealand sustainably unlock growth opportunities in travel, trade and tourism. Growing travel markets with our airline and industry partners makes journeys better by providing customers with greater choice and more-convenient flight schedules and providing better value for money for all customers and partners of Auckland Airport.

We’re strengthening our consumer business

We are strengthening and extending our retail, transport and accommodation businesses to ensure we can respond to evolving customer needs. This means we are increasing the range of products and services we provide and making Auckland Airport more appealing to our customers – in short, we are making their journeys better.

We’re being fast, efficient and effective

We are improving our performance by increasing the productivity of our assets, processes and operations. A fast, efficient and effective airport makes journeys better by saving time and money for airlines and passengers.

We’re investing for future growth

We are building on our strong foundations for long-term, sustainable growth by investing in the infrastructure required to meet long-term customer needs. This makes journeys better both within the airport and around our vibrant business district.

How we tracked in FY17

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Faster, Higher, Stronger embraces our objective of making journeys better and is a commitment to improvement in everything we do. In 2013 the strategy set a number of new aspirations to drive our company’s performance. These high-level aspirations and our progress to date are not market guidance, and the results are likely to fluctuate from year to year. However, they provide the company with a sharp focus on important goals that underpin our long-term success. In the 2017 financial year, we continued to deliver on the aspirational goals of Faster, Higher, Stronger.

Aspirations

How we tracked

400,000

Double Chinese arrivals to 400,000 by FY17, up from 213,781 in FY13

356,315

A slight decrease of 2,955 in FY17.

$60m

Build property rent roll to $60 million by FY17, up from $44 million in FY13

$72.9m

An increase of $9.9 million in FY17

10m

Achieve 10 million international passengers by FY18, up from 7.3 million in FY13

9.7m

An increase of 1 million in FY17

20m

Reach 20 million total passengers by FY20, up from 14.5 million in FY13

19m

An increase of 1.8 million in FY17