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  1. #1
    Member Yossarian's Avatar
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    Default Auckland International Airport Limited (AIA)

    another old thread vanished....

    Getting flogged today. Sorely tempted!

  2. #2
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    Smile

    DONT worry new brooms sweep clean, AIA took a knock over the GOV saying NO way but someone is buying and don't forget MAp has $2.2 billion in CASH..

  3. #3
    Guru
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    This latest announcement shows a very arrogant attitude in my opinion.

    Geographically it is Auckland Airport and no way is it New Zealand's airport.

    Prize dick heads the lot at the top.


    AIA
    23/08/2007
    GENERAL

    REL: 0856 HRS Auckland International Airport Limited

    GENERAL: AIA: Becoming New Zealand's Airport

    In conjunction with its annual results released today, Auckland International
    Airport Limited (AIAL) has announced further details of its new vision,
    positioning and future strategy for the business.

    Chairman, John Maasland, said "Over the last 12 months, the Board and senior
    management of AIAL have given significant consideration to the vision and
    strategy for the future of our company. This has involved substantial
    analysis and consideration of a range of strategic initiatives. We have
    undertaken in-depth surveys and conducted interviews with our customers and
    other stakeholders.

    The research has again highlighted the importance of Auckland Airport to the
    New Zealand economy and tourism and transport infrastructure. Every year,
    Auckland Airport welcomes nearly three-quarters of all international
    passengers to New Zealand. As such, we are the premier gateway to this
    country and the first and last experience of New Zealand for most
    international passengers.

    In addition, activity involving Auckland Airport contributes approximately
    $19 billion to the New Zealand economy annually.

    The clear and consistent conclusion is that AIAL is increasingly becoming New
    Zealand's Airport. While we remain absolutely committed to the growth of the
    Auckland region, we also have a significant opportunity and obligation to
    contribute further to the growth of New Zealand tourism, our country's single
    largest industry and export earner.

    To align ourselves with this research, we have extended our vision beyond
    Auckland towards a strongly New Zealand-based positioning. We have adopted a
    new vision of representing our country, and new core values of being
    outstanding, uniquely Kiwi and welcoming.

    The new strategy reinforces AIAL's commitment to growing New Zealand tourism
    and business, providing a unique and compelling New Zealand airport
    experience, delivering outstanding customer service, operating in a safe,
    secure, sustainable and efficient manner, enhancing our people capability and
    performance and creating long-term value for our owners.

    This journey began some time ago as can be seen in AIAL's 2006 annual report
    entitled "Haere mai - Welcome to Our Airport" and the 2007 interim report
    entitled "Haere mai - Welcome to New Zealand's Airport".

    The new vision and positioning will be reflected in greater detail with new
    branding on the cover of the company's 2007 annual report. This new branding
    is designed to better reflect a distinctive New Zealand look and feel. Our
    new branding will adopt the name "Auckland Airport" in place of "Auckland
    International Airport Limited" or "AIAL". Further details of the new
    strategy will also be set out in the 2007 annual report.

    The commitment to this vision and strategy has been fundamental to the
    Board's consideration of the various strategic and ownership initiatives
    which have arisen this year. The Board and management are absolutely
    committed to delivering an outstanding and uniquely New Zealand airport. The
    Board has been careful to ensure that all parties expressing an interest in
    owning AIAL shares this year fully understand, support and commit to this
    fundamental objective.

    "The company will continue to progress the comprehensive upgrading and
    expansion of Auckland Airport, and, as an integral part of that, implement
    the first phases of an exciting new future strongly aligned to our country's
    travel industry and economic growth", Mr Maasland said.
    End CA:00152497 For:AIA Type:GENERAL Time:2007-08-23:08:57:01

  4. #4
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    Quote Originally Posted by 777 View Post
    This latest announcement shows a very arrogant attitude in my opinion. Geographically it is Auckland Airport and no way is it New Zealand's airport.

    Prize dick heads the lot at the top.
    It may hurt the feelings of those who are more distant from Auckland, but international arrival and departure numbers clearly show that Auckland Airport is New Zealand's principal international gateway.

    Auckland Airport handles 6.5 million international passenger arrivals and departures. Christchurch lies in a distant second place with 1.5 million.

  5. #5
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    I'm not complaining about the way this company's been managed since listing.
    Now if I was Air New Zealand!!!

  6. #6
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    Quote Originally Posted by 777 View Post
    Geographically it is Auckland Airport and no way is it New Zealand's airport.
    Whether we like it or not Govt has a policy to make Auckland (and no other city) an internationally competitive city. So it seems reasonable that AIA would then become an airport consistent with this policy. The city isnít big enough for two Airports Ė Sydney can do it so why canít Auckland.

  7. #7
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    Thumbs up A must have STOCK

    THIS is a must have stock for many reasons just keep out the ARABS out and KIWI`s in control then fight among yourselves, Bugger it is AULKLAND AIRPORT so whats new and is as good as SYDNEY AIRPORT so get used of IT..

  8. #8
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    Quote Originally Posted by Deev8 View Post
    It may hurt the feelings of those who are more distant from Auckland, but international arrival and departure numbers clearly show that Auckland Airport is New Zealand's principal international gateway.

    Auckland Airport handles 6.5 million international passenger arrivals and departures. Christchurch lies in a distant second place with 1.5 million.
    What's an "international city" again? It's just political rhetoric, used to catch votes.

    I think Auckland will remain the primary gateway for NZ, however it is interesting to note the big ambitions of several regional international airports such as Hamilton, which is trying to attract direct cargo flights from China.

  9. #9
    Guru
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    Read the headline. Not Auckland Airport but....


    GENERAL: AIA: Becoming New Zealand's Airport


    This journey began some time ago as can be seen in AIAL's 2006 annual report
    entitled "Haere mai - Welcome to Our Airport" and the 2007 interim report
    entitled "Haere mai - Welcome to New Zealand's Airport".

    So No Bricks I don't have to get used to IT.

  10. #10
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    Exclamation A must have STOCK.

    Quote Originally Posted by 777 View Post
    Read the headline. Not Auckland Airport but....


    GENERAL: AIA: Becoming New Zealand's Airport


    This journey began some time ago as can be seen in AIAL's 2006 annual report
    entitled "Haere mai - Welcome to Our Airport" and the 2007 interim report
    entitled "Haere mai - Welcome to New Zealand's Airport".

    So No Bricks I don't have to get used to IT.
    DEAR 777 While your still talking about names, While the ARABS are around the back door stealing it from you one day you mite wake up to find it called ARAB AIRPORT..

  11. #11
    Member Viking's Avatar
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    Default

    mmm they probably name it "Emirates Airport New Zealand"

    Nevertheless, guess no one would dare to touch it now
    With the staunch support from the stack holder and common shareholders alike~
    we are going to grow our value along with this asset
    Make everything as simple as possible, but not simpler.
    --- Albert Einstein

  12. #12
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    Default

    Looks like DAE want out of the deal Shares dropped at 292.
    AIA
    31/08/2007
    MERGER

    REL: 0857 HRS Auckland International Airport Limited

    MERGER: AIA: Notice from DAE under Merger Implementation Agreement

    Auckland International Airport Limited (Auckland Airport) advises that last
    night it received a notice from Dubai Aerospace Enterprise (DAE) Limited
    (DAE) under the Merger Implementation Agreement (MIA) dated 22 July 2007
    between the parties.

    The notice claims that the recent legal proceedings filed by Air New Zealand
    seeking judicial review of Auckland Airport's recent aeronautical pricing
    process constitute a "Prescribed Occurrence" under the MIA.

    In accordance with clause 2.3(a) of the MIA, the good faith consultation
    period of five business days required under that clause will now commence.
    If the parties are unable to reach agreement by the end of the consultation
    period, either party may terminate the MIA.

    Auckland Airport disputes the existence of a "Prescribed Occurrence" and does
    not consider that DAE has grounds to issue such a notice.

    DAE has also claimed that AIAL is in material breach of its obligations under
    clause 9.1(a) of the MIA by not using its best endeavours to ensure a
    successful outcome to the proposal. AIAL also disputes this claim.

    Auckland Airport will keep the market fully informed as soon as further
    details are available.
    Last edited by Treetops; 31-08-2007 at 09:26 AM.

  13. #13
    Muppet Placebo's Avatar
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    Pretty outrageous response from the Dubaians if that is indeed what they claim. Anyone can seek judicial review of anything -- it is completely outside Auckland Airport's control!!
    Marriage isn't a word. It's a sentence

  14. #14
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    Default

    Perhaps DAE realise this is a dead duck and want to move on. It certainly sounds like they won't sweeten the deal. They are sending a message thats for sure.
    Last edited by Treetops; 31-08-2007 at 10:51 AM.

  15. #15
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    Thumbs up A must have stock is now BETTER.

    THE ARAB deal was always a dickie one they had other ideas beside the air port and have now been caught out, there are 8 others in with mention this could flush them out and remember AIA is the best piece of real estate in NEW ZEALAND..

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