As the gateway for Christchurch and the South Island,
Christchurch International Airport Ltd (CIAL) is a major hub and
the busiest and most strategic air connection to the world's trade
and tourism markets. The airport occupies a unique position both
physically and economically, and is New Zealand's second largest
- For the year ended 30 June 2012 CIAL has achieved a net surplus
after tax of $18.4m, being $3.2 million ahead of budget. This is
considered a satisfactory result. Included in this amount was a net
after tax gain on the revaluation of investment properties of
$5.2m, and a deferred tax adjustment on non-depreciable buildings
resulting in a $1m reduction in the recorded tax
expense. View CIAL's Annual Reports
The below shows how CIAL supported Christchurch, Canterbury and
South Island economy in 2007.
- Approx. 6,000 people were employed on the airport campus in
full time, part time or casual roles, making it the largest single
center of employment in the South Island.
- The airport has also created employment for more than 20,000
full time equivalent workers (FTEs) in the Canterbury region and
4.4% of total FTEs for the whole South Island.
- Antarctic operations delivered $80 million in direct benefits
to the city annually.
- The airport helps to retain technicians and associated
professionals within the region and New Zealand.
It is also important to note:
- For the year ending March 2012 total tourism expenditure was
NZ$23.4 billion, increasing 2.4% from the previous year.
- Tourism directly generated NZ$6.2 billion to gross domestic
product (3.3% of New Zealand's total GDP)
- The tourism industry directly employed 119,800 full time
equivalent employees (6.2% of total employment in New
Source: Statistics New Zealand, Tourism Satellite Account,
year ending March 2012
CIAL have many environmental initiatives, take a look at our Environment
section for more information.