Tonga Airports Limited

logo-tonga-airportBoard of Directors

Name Position Expiry
Mr. Stephen Edwards Chairperson 4th May 2017
Mr. Sione Tu’itupou Fotu Member 4th May 2017
Mr.Viliami Takau Jr Member 4th May 2017
Mr. Tomifa Paea Member 4th May 2017
Mrs. Helen Po’uliva’ati Toli Member 4th May 2017

Tonga Airports Limited is part of the Transport group of SOEs and its board is shared with Friendly Islands Shipping Services and Ports Authority Tonga.

Activities

Tonga Airports Limited was formed in 2007 to take over the operation of the airports within the Kingdom of Tonga, with the main airport being Fua’amotu on Tongatapu; the main international airport and domestic feeder. TAL also operates five other airports; Lupepau’u International Airport on Vava’u, Salote Pilolevu Airport on Ha’apai, Kaufana Airport on ‘Eua, Lavinia Airport on Niuatoputapu and Mata’aho Airport. Lupepau’u Airport’s international operations mainly service flights to and from Fiji.

The company describes its main purpose to provide a safe, secure and competitive civil aviation environment that encourages airlines to service Tonga in increasing numbers; to provide a pleasurable and efficient customer experience that is identifiably Tongan and that encourages growth in passenger numbers; to build the company’s commercial business that meets the needs of the customer; and to operate profitably to allow ongoing reinvestment and to pay the shareholder a dividend.

While there is competition on the international routes, domestic air travel is served by just one carrier.

The company operates under delegated authority from the Minister of Transport and the Ministry of Transport provides operational and safety regulatory oversight.

Financial Highlights

Financial Highlights (T$’000) 2014 2015 2016 5-yr Average
Revenue 9,254 10,068 11,769 8,359
Net Profit After Tax 1,373 1,872 2,621 378
CSO payments 0 0 0 0
Total Assets 37,164 38,708 74,784 37,362
Total Liabilities 3,003 3,363 38,145 3,414
Shareholders’ Funds 34,160 35,345 36,639 33,948
ROE % 4.0% 5.0% 7.15% 1.1%
ROA % 4.0% 5.0% 3.51% 1.0%
Asset Utilization 25% 26% 22%
Cash / Current liabilities 2.674 3.262 1.493

Important Documents

Website