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“At this stage, we continue to believe that it is prudent to take a more conservative approach,” said President Patrick Strange.
“We believe that a full recovery could take more than three years. But we are hopeful that domestic travel will return to normal in two years. And we believe that we will see non-quarantined travel both ways through Tasmania and the Pacific. Islands sooner. “.
Strange said the pandemic had been the biggest challenge for the company in its 54-year history, as international traffic went from 30,000 a day to just hundreds, and some days no one.
The company was quick to cut all unnecessary spending, suspended large capital projects such as terminal expansion, and laid off 260 employees, more than a third of its workforce.
Earnings in recent months have been around $ 10 million a month, better than expected, but Strange said the outlook was still so uncertain that it will not make any financial forecast for the current year.
Chief Executive Officer Adrian Littlewood said at the meeting that the airport was ready to provide secure and separate facilities in the international terminal for when quarantine-free arrivals were allowed.
“We believe the government and the private sector must urgently work together to chart a path for New Zealand in a post-pandemic world, in a way that keeps our communities safe, but also allows families to reconnect and jobs, tourism and our economy to recover. “
RNZ
