RISING ABOVE - Adelaide Airport
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04 CHAIRMAN’S 14 FINANCIAL 18 AERONAUTICAL REPORT PERFORMANCE 06 MANAGING 12 YEAR IN 20 OPERATIONS DIRECTOR’S REVIEW REPORT 08 BOARD OF 10 EXECUTIVE 24 CUSTOMER DIRECTORS TEAM FOCUS Chairman Rob Chapman Solicitors Thomson Geer Lawyers Managing Director Mark Young Auditors PricewaterhouseCoopers Subsidiaries Directors 100% Parafield Airport Limited Alan Mulgrew Shareholders 100% Adelaide Airport Jim Tolhurst UniSuper Ltd 49.0% Management Limited John Ward Statewide Super 19.5% 100% New Terminal Financing Jay Hogan Colonial First State 15.3% Company Pty Limited Jane Yuile Industry Funds Management 12.8% 100% New Terminal Construction Chris McArthur Perron Investments 3.4% Company Pty Limited 2 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
36 ENVIRONMENT 38 OUR PEOPLE 30 PROPERTY 40 OUR COMMUNITY 28 INFRASTRUCTURE 42 PARAFIELD 44 CORPORATE GOVERNANCE
WE’RE RISING ON THE WINGS OF OUR VISION. WE’RE SOARING TO GREATER HEIGHTS THAN BEFORE. 4 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
CHAIRMAN’S REPORT THE PAST FINANCIAL YEAR HAS AGAIN DEMONSTRATED HOW ADELAIDE AIRPORT’S PERSEVERANCE AND COMMITMENT TOWARDS REACHING OUR OBJECTIVES REMAINS A KEY TO ACHIEVING SUCCESS. A year ago, as passenger numbers Attracting a mainland China service Adelaide Airport’s balance started to retreat from historic has been a long-held goal for sheet remains in a solid position. highs, Adelaide Airport was faced Adelaide Airport, and we were The company’s revenue reached with the challenge of offsetting the delighted to be informed by China $187.9 million for the financial year, loss of Air Asia X services to Southern in July that it will introduce up 4.6 per cent on the previous Kuala Lumpur. a service between Adelaide and year. Net profit after tax was $31.0 Guangzhou in December 2016. million, down 15.1 per cent on the We have met the challenge head previous year - largely the result of on. Instead of taking one step back, Other domestic and international a smaller increase in fair value of we have taken two steps forward airlines look to consolidate and investment properties. with the signing of two of the develop existing routes. The world’s largest and most respected move by Cathay Pacific in 2015 Adelaide Airport is considered international airlines. to fly direct to Hong Kong (rather a leader in sustainability in the than via Melbourne) has proved aviation sector. In 2015/16 we have In May, we welcomed the arrival very successful, and the airline constructed Australia’s largest of Qatar Airways’ daily service has added services during peak airport rooftop solar system, which between Adelaide and Doha. This periods to meet demand. Emirates, will reduce our overall emissions by has increased connectivity into Singapore Airlines, Air New Zealand 10 per cent. 40 European cities and 17 North and Jetstar have all continued to American destinations. I would like to congratulate the develop their routes, while Virgin Adelaide Airport team for their hard At the same time, our business Australia’s Bali services are now work over the past year. In addition development team was in the midst operated by Tigerair. to the successes highlighted above, of detailed negotiations with China Attracting airlines of this calibre we continue to show ourselves to Southern, culminating in the signing requires us to continue our efforts be industry leaders in several areas. of a Memorandum of Understanding to ensure our facilities are amongst between the airline and the South Finally I would like to welcome new the best in Australia and indeed the Australian Government in April. Director Jane Yuile, who is highly Asia Pacific region. respected in the South Australian As we announced in 2014/15, we business community. I thank have set ourselves ambitious but former Director Anne Howe for her achievable goals as part of our invaluable experience and expertise 30-year Vision for Adelaide Airport. over the past five years. This includes the development of The theme for this year’s annual the Airport Business District and report is ‘Rising Above’. It is a tripling the size of our existing succinct way of saying that in terminal, and work is progressing on everything we do, we take a holistic both of these goals. approach with a view to the long term sustainability of the business. I am confident in our ability to continue this approach well into the future.
MANAGING DIRECTOR’S REPORT ADELAIDE AIRPORT IN 2015/16 HAS FOCUSSED ON REALISING OUR RECENTLY ANNOUNCED 30-YEAR VISION TO ENSURE WE REMAIN A CATALYST FOR ECONOMIC ACTIVITY IN SOUTH AUSTRALIA, SUPPORTED BY CONTINUED GROWTH AND A STRONG BALANCE SHEET. We continue to consolidate International passenger numbers As is often the case in the aeronautical growth and undertake decreased by 8.3 per cent, largely aviation industry, these ‘overnight infrastructure development in line due to the withdrawal of AirAsia successes’ have been years in the with our vision to be a top tier X and Jetstar’s discontinuation of planning, and credit must go to business centre in the Asia its Auckland service. However the our business development team, Pacific region. second half of the year has clearly in coordination with the State been stronger than the first with Government, in making this happen. Passenger growth has been the introduction in May of Qatar more subdued following the record Adelaide Airport continues to plan Airways’ new service between run we’ve experienced in recent for the future with infrastructure Adelaide and Doha. years, but we have still finished upgrades either being planned in positive territory for the past The Qatar Airways service is or underway. financial year with second half gains particularly notable because Negotiations have continued to find outstripping decreases in the first Adelaide Airport became the first a developer and operator for a new half of the year. airport in Australia to welcome airport hotel, and we are confident an operational Airbus A350 – the Domestic passenger numbers have of a resolution in the first half of world’s newest and most state-of- now reached 7 million on the back 2016/17. the-art aircraft. of 1.9 per cent growth. We have welcomed a new service between China Southern’s announcement Adelaide and Avalon (Melbourne) that it will begin operating between operated by Jetstar, and a new Adelaide and Guangzhou in Sunshine Coast service will start mainland China from December is in late-2016. clearly a considerable step forward. 6 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
IT’S A GREAT FEELING TO ACHIEVE WHAT WE SET OUT TO DO. Planning continues on a terminal At Parafield Airport, developer Adelaide Airport has also been expansion, which we expect to Devwest has announced ranked in the Top 10 airports in the start in the next 12 months. It’s construction of a Brand Outlet world for on time service delivery worth noting we celebrated the Centre adjacent Main North in the 2015 OAG Aviation Airport 10th anniversary of our T1 terminal Road. This project and others in Punctuality League. in October, and I still consider our the precinct are benefiting from We continue to search for ways facilities to be among the most the completion of the new Main we can improve our customer modern and customer-friendly North Rd / Kesters Rd signalised experience. In 2015/16 we have in Australia. intersection in 2015/16. introduced an online pre-booking We have also completed an I would like to thank and service for our car parks, and we expansion of tow off parking congratulate all of our team for their have expanded the number of our facilities to the north of the main hard work over the past year. wonderful ambassadors by 50 per terminal, which will help improve cent to 31 volunteers. The calibre of our team and operational capacity. the strength of our culture is Adelaide Airport remains highly We haven’t been alone in demonstrated by the fact we active in the community. Our undertaking significant airport secured ‘Gold Recognition’ for Community Investment Strategy development. Both Medstar and excellence in Human Resources is making a real difference to the Royal Flying Doctor Service have management in the Asia Pacific lives of people connected to the continued construction of new Region, announced by Airport organisations we support. facilities adjacent Harbourtown, Councils International (ACI). Thank you to our Board and while Guide Dogs SA/NT will soon shareholders for their continued start construction on a pet hotel in support and guidance in 2015/16. the same precinct. There are clearly exciting times ahead as we continue to develop and break into new markets.
1 - ROB CHAPMAN 4 - ALAN MULGREW Non-Executive Director appointed AssocDipBus FAICD, FFSIA BA, GRAICD, JP 29 July 2009 (nominated by Statewide Super) Rob has enjoyed an extensive Alan has more than 30 years’ executive career within the financial experience as a senior aviation • Chair of the Property services industry, having acted as executive both within Australia and Development Committee both the Chief Executive Officer of overseas, including responsibility • Member of the Aeronautical & St George Banking Group (2010 to for Perth and Sydney Airports, and Related Infrastructure Committee 2012) and the Managing Director of has served as a non-executive • Member of the Remuneration BankSA (2002 to 2010). board member on high profile Committee (appointed 29 boards spanning aviation, energy, Non-Executive Director September 2015) construction, infrastructure and and Chairman appointed tourism. 7 - CHRIS MCARTHUR 25 February 2014 B.Eng., MBA, FAICD Non-Executive Director appointed • Member of the Property 6 September 2006 Chris is a Partner, Infrastructure Development Committee Investments, at Colonial First State • Member of the Aeronautical & • Chair of the Aeronautical & Global Asset Management. He Related Infrastructure Committee Related Infrastructure Committee is a Director of Brisbane Airport • Member of the Audit & • Member Property Development Corporation Holdings and former Compliance Committee and Building Committee Director of Perth Airport, and was • Member of the Remuneration • Member of the Remuneration inaugural Chairman of Airports Committee Committee Coordination Australia Ltd. 2 - MARK YOUNG 5 - JIM TOLHURST Non-Executive Director appointed B.Ec, FCPA, FAICD, FCIS B.Comm, MBA, FCPA, FCIS, FAICD 30 March 2011 (nominated by Colonial First State Managed Mark has played a key role in Jim is the immediate past Chairman Property Ltd) Adelaide Airport’s expansion of the Queensland Airports Ltd and rapid passenger growth over group of companies, and is • Member of the Audit & the past decade initially as Chief currently a non-executive director Compliance Committee Financial Officer and subsequently of Leichhardt Coal Pty Ltd and • Member of the Property as Managing Director. Blair Athol Coal Pty Ltd. He has Development Committee more than 40 years’ experience in • Managing Director appointed 1 • Member of the Aeronautical & accounting and administration. November 2011 Related Infrastructure Committee Non-Executive Director appointed • Member of the Property 8 - JANE YUILE 29 September 2004 (nominated by Development Committee B.Sc., MBA, FCA, FAICD Uni Super Limited) • Member of the Aeronautical & Jane is currently State Chair of Related Infrastructure Committee • Member of the Remuneration ANZ and also currently chairs Committee 3 - JOHN WARD both ReturnToWorkSA (formerly BSc, FAICD, FAIM, FAMI, FCILT, FRAeS • Chair of the Audit & Compliance WorkCover SA) and the Advisory Committee Board of the Australian Centre for John is a professional company Asian Business (UniSA), and is a director and corporate advisor. • Member Property Development Director of BuiltEnvirons and the Art He retired as General Manager and Building Committee Gallery of South Australia. Commercial of News Limited in • Member of the Aeronautical & 2001, and was previously Managing Non-Executive Director appointed Related Infrastructure Committee Director and Chief Executive of 1 June 2016 (nominated by Qantas Airways Limited. 6 - JAY HOGAN UniSuper Ltd) MBA, AFAMI, JP Non-Executive Director appointed • Member of the Property 28 August 2002 (nominated by Uni Jay has more than 40 years’ Development and Building Super Limited) experience in the property Committee development and construction • Chair of the Remuneration • Member of the Aeronautical & industry around Australia and Committee Related Infrastructure Committee overseas, across a broad range • Member Audit & Compliance of property asset classes. He is Committee currently Chairman of Mercure • Member of the Property Kangaroo Island Lodge, Bremerton Development Committee Vintners and Sevenhill Wines. • Member of the Aeronautical & Related Infrastructure Committee
EXECUTIVE TEAM 1 - MARK YOUNG 4 - SUE DOYLE 7 - EMMA BOULBY Managing Director Executive General Manager Executive General Manager Responsible for providing and People and Culture Airport Operations championing strategic initiatives, Responsible for people, Responsible for airside safety, leadership development, driving performance, learning and security and facilities management, proactive business development development, marketing, brand as well as the management of and engagement to deliver superior development, community Parafield Airport. Coordinates the and sustainable stakeholder investment and executive services. development of AAL’s strategy and outcomes, ensuring a quality brand leads process improvement and 5 - KEN MAY and custodian of a high quality innovation initiatives across corporate and customer service Executive General Manager the business. culture and facilities. Property 8 - BRENTON COX 2 - SHANE FLOWERS Responsible for the development and management of the property Executive General Manager Chief Financial Officer and Joint portfolio, including retail, leasing Corporate Affairs, General Company Secretary and tenancy management. Counsel and Joint Company Responsible for the sound financial Secretary 6 - DAVID BLACKWELL position and commercially prudent Responsible for community conduct of the business, including Executive General Manager consultation and communication, effective reporting and stakeholder Customer Service government and industry advocacy, communications. environmental and sustainability Responsible for all customer initiatives, legal and commercial 3 - VINCE SCANLON service related activities including affairs, WHS, compliance, business service quality, passenger terminal Executive General Manager continuity, insurance and risk operations, T1 retail, ground Planning & Infrastructure management, route marketing transport and the enterprise-wide and development, airline liaison, Responsible for providing airport functions of business systems and customer relations, facilitation and planning and development of information technology. product enhancement. both commercial and aeronautical infrastructure, transport including off airport infrastructure connectivity and utilities, airspace protection, Airport Masterplans and related airline relations. 10 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
1 2 3 4 5 6 7 8
EVERY ACHIEVEMENT IS A TESTIMONY TO A GREAT TEAM THAT’S COMMITTED TO MAKING THINGS HAPPEN. THE YEAR IN REVIEW IN THE TOP 10 WORLDWIDE FOR PUNCTUALITY. GOLD RECOGNITION FOR HR MANAGEMENT. IT’S BEEN A YEAR OF NUMEROUS SUCCESSES. OCTOBER DECEMBER JANUARY • Qatar Airways – voted Best Airline • Cathay Pacific adds a fifth weekly • Additional tow off parking facilities in the World for 2015 – announces flight between Adelaide and for aircraft to the north of the main daily service between Adelaide Hong Kong. terminal are completed, creating and Doha. parking for an additional three • Construction starts on the biggest narrow-bodied or one wide- • Adelaide Airport celebrates airport rooftop system in Australia bodied aircraft. the 10th anniversary of the on the roof of Adelaide Airport’s opening of our domestic and short term car park - big enough • The 2015 OAG Aviation Airport international terminal. to power the equivalent of more Punctuality League report ranks than 300 homes. Adelaide Airport in the Top 10 • The first ‘sod’ is turned to mark worldwide for punctuality, and the the start of the development of best in Australia. Guide Dogs SA’s new five-star pet hotel at Adelaide Airport. • The South Australian Government announces Parafield Airport as the base for the Northern Food Park, creating global opportunities for the State’s food industry. 12 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
FEBRUARY APRIL MAY • DevWest announces it will build • The South Australian Government • Qatar Airways’ inaugural flight a new brand outlet centre at and Adelaide Airport sign a from Doha arrives in Adelaide. It’s Parafield Airport, creating up to Memorandum of Understanding the first time an Airbus A350 has 350 retail jobs in the region. with China Southern, paving the been in operation as a scheduled way for direct flights into service in Australia. MARCH mainland China. • Jetstar announces it will introduce • Jetstar launches three-weekly a new service between Adelaide service between Adelaide and and the Sunshine Coast from Avalon (Melbourne). September 2016. • Adelaide Airport receives Gold Recognition for HR management in the Asian region by Airports Council International.
FINANCIAL PERFORMANCE A BIRD’S EYE VIEW THAT SHOWS OUR SUCCESS AS A COMPANY. FINANCIAL HIGHLIGHTS • Total passenger growth of 0.7% CREDIT RATINGS with an increase in domestic • Revenue (excluding interest) of passengers of 1.9%. The long term finance strategy of $187.9 million, up 4.6% from the Group continues to be reviewed $179.6 million in the prior year. • Adelaide Airport Ltd (AAL) by the rating agencies, Standard established commitments for and Poor’s and Moody’s. BBB/ • Earnings before interest, tax, bank debt of $285 million with Baa2 ratings with a stable outlook depreciation and amortisation the funds scheduled to replace continue to be maintained with each and fair value adjustment of the maturing 2016 MTNs in mid- of these agencies respectively. investment properties of $112.3 September 2016. The bank debt million, up 4.2% from $107.8 provides funding for the maturing FINANCIAL ANNUAL REPORT million in the prior year. 2016 MTNs and an allowance for FOR THE 12 MONTHS TO 30 upcoming capital expenditure. JUNE 2016 • Net profit before tax of $43.7 million (last year net profit before FINANCIAL RISK MANAGEMENT The Financial Annual Report tax of $52.3 million). Excluding for the 12 months to 30 June 2016 the fair value adjustment for The Group manages its exposure comprising: investment properties and to interest rate fluctuations using financial instruments this year interest rate swaps. • director’s report is $29.9 million (last year • auditors independence The Group has fixed loans and $23.5 million). declaration swaps in place which currently • After funding interest on cover 84% of the loan principle • financial report borrowings and dividends on outstanding. RPS, cash flow from operating • director’s declaration Average fixed interest rate paid was activities was a positive $35.4 • independent auditors report 5.4% (last year 5.0%). million (last year $42.5 million). to members is available on The group manages its exposure the company’s website • Dividends on redeemable to foreign currency risk on its US$ (www.adelaideairport.com.au). preference shares of $21.8 million borrowings using cross currency Alternatively a copy may (last year $21.5 million). In addition swaps which cover 100% of the be obtained from the special dividends of $45.0 million principal and interest payments. Company Secretary (last year $30.0 million) paid in the current year. • Increase in fair value of investment properties of $16.7 million (last year increase of $27.3 million). 14 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
INCOME STATEMENT $’000 2012 2013 2014 2015 2016 REVENUE Aeronautical 75,829 79,934 84,987 88,287 93,596 Commercial trading revenue 31,800 36,716 42,212 45,262 46,724 Property Revenue 36,678 40,057 41,948 43,240 44,709 Other Revenue 1,868 1,699 1,992 1,938 1,953 Other Income 848 1,070 940 869 889 Total Revenue 1 147,023 159,476 172,079 179,596 187,871 Increments/(decrements) in fair value of 5,900 11,305 10,277 27,345 16,745 investment properties Operating Expenses (64,064) (67,834) (70,039) (71,801) (75,550) EBITDA 88,859 102,947 112,317 135,140 129,066 EBITDA (Adjusted)2 82,959 91,642 102,040 107,795 112,321 Margin 56.4% 57.5% 59.3% 60.0% 59.8% Depreciation, impairment and amortisation (16,188) (17,704) (19,177) (19,592) (21,537) EBIT 72,671 85,243 93,140 115,548 107,529 Borrowing Costs Interest on senior debt, net of interest income (37,706) (42,145) (43,275) (43,273) (39,117) Interest on Airport Notes/Dividends on RPS (28,284) (28,362) (30,189) (21,468) (21,804) Increments/(decrements) in fair value of financial - - - 1,520 (2,954) instruments Net Profit/(Loss) Before Tax 6,681 14,736 19,676 52,327 43,654 Income Tax (Expense)/Benefit (2,037) (4,234) (5,934) (15,841) (12,664) Net Profit (Loss) After Tax 4,644 10,502 13,742 36,486 30,990 Note 1: Excludes interest revenue Note 2: Excludes adjustment in fair value of investment properties BALANCE SHEET $ million 2015 2016 Cash 84.2 68.1 Total Assets 1,107.9 1,129.8 Interest Bearing Liabilities (excl stapled securities) 671.7 760.0 Total Liabilities (excl stapled securities) 854.3 914.4 Total Equity (plus Stapled Securities) 253.6 215.4 CAPITAL STRUCTURE Issue Facility ($ million) Term Working Capital Facility ($20.0m available at year end) $20.0 Dec 2016 Bilateral Facility (2018) (Floating interest, $50.5 available at year end) $165.0 Apr 2018 Medium Term Note ($100m fixed interest) $265.0 Sep 2016 Redeemable Preference Shares (RPS) $188.6 Jun 2024 US Bonds USD $285.5 Sep-2025, 2027,2030 US Bonds AUD $50.0 Sep-2025, 2030 Bilateral Facility (2021,2023) (Deferred draw-down, Floating Interest) $285.0 2021,2023
FINANCIAL EBITDA (excl. fair value adjustments PERFORMANCE 140 120 WE’RE A CATALYST FOR 100 ECONOMIC ACTIVITY, MILLIONS 80 SUPPORTED BY CONTINUED GROWTH AND A STRONG 60 BALANCE SHEET. 40 20 0 FY12 FY13 FY14 FY15 FY16 Passenger Revenue Movement 8.00 250 7.80 200 7.60 MILLIONS MILLIONS 7.40 150 7.20 100 7.00 50 6.80 6.60 FY12 FY13 FY14 FY15 FY16 0 FY12 FY13 FY14 FY15 FY16 24% Aeronautical Traffic Performance Property Change Change since Financial year 1998 2015 2016 against prior privatisation year Passengers Domestic1 3,745,443 6,906,442 7,035,242 1.9% 87.8% International 227,381 935,553 50% 857,806 -8.3% 277.3% Total (Excluding transit passengers) REVENUE 3,972,824 7,841,995 Aeronautical 7,893,048 0.7% 98.7% International Transit passengers 31,107 500 315 -37.0% -99.0% Total (Including transit passengers) 4,003,931 7,842,495 7,893,363 0.6% 97.1% Aircraft movements 26% Regular Passenger Transport 70,204 80,014 79,687 -0.4% 13.5% General Aviation Commercial 35,076 24,016 23,338 -2.8% -33.5% trading & Total aircraft movements 105,280 104,030 103,025 -1.0% -2.1% other Landed tonnes Total landed tonnes 1,622,681 2,604,441 2,575,039 -1.1% 58.7% Note 1: Includes domestic on carriage 16 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
24% Property 50% REVENUE Aeronautical 26% Commercial trading & other 11% International PASSENGER MOVEMENT 89% Domestic
AERONAUTICAL BUSINESS DEVELOPMENT THE NUMBERS TELL A GREAT STORY. WE’RE EXPANDING OUR DOMESTIC AND INTERNATIONAL MARKETS. OVERVIEW Other incumbent carriers PERFORMANCE such as Cathay Pacific and Adelaide Airport has maintained its Singapore Airlines also continued International passengers decreased position as Australia’s fifth largest to add supplementary flights by -1.6% on incumbent carriers but airport as we continue to grow our into the Adelaide market during international seat factor rose +4.3 domestic and international services. peak months. percentage points to 81.8% with incumbent operators benefiting Total passenger growth of 0.7% was Adelaide has a mature domestic from the unexpected withdrawal of driven by growth in the domestic network and carriers continue AirAsia X service. markets, which has compensated to steadily increase capacity the withdrawal of AirAsia X’s Kuala and adding new routes. Jetstar Domestic passengers grew +1.9% Lumpur service. introduced three-weekly service to 7.0 million. This was the result between Adelaide and Avalon of incremental airline capacity Adelaide welcomed the introduction in March 2016. The airline also additions on trunk routes, in of a daily service by Qatar Airways announced in May that it would addition to the new Avalon service. in May 2016 between Adelaide and Doha. Adelaide was the first add more capacity in the Adelaide airport in Australasia to receive the market by introducing a three- A350 operation. The Qatar service weekly service to the has increased connectivity into Sunshine Coast. 40 European cities and 17 North American cities. Our key focus in 2015/16 was to convince a Chinese carrier to introduce a direct service between Adelaide and mainland China. The first milestone was achieved in April 2016 when China Southern Airlines signed a Memorandum of Understanding with the South Australian Government to jointly promote the growing demand for tourism to South Australia. This culminated in an announcement 21 DOMESTIC AND in July 2016 by China Southern Airlines that it would introduce REGIONAL DESTINATIONS a three-weekly service between BY DECEMBER 2016 Adelaide and Guangzhou from December 2016. 18 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
2.0% Conferences Meetings & Exhibitions 30.0% Leisure 33.7% Visiting Friends & Relatives INTERNATIONAL ARRIVALS FY16 10.8% Business & Employment 9.5% Other 14.0% Education 0.9% Education 25.2% Visiting Friends & Relatives 2.4% INTERNATIONAL Conferences DEPARTURES Meetings & FY16 Exhibitions 57.9% Leisure 7.8% Business & Employment 5.8% Other
ADELAIDE AIRPORT IS IN THE TOP 10 AIRPORTS WORLDWIDE FOR PUNCTUALITY OPERATIONS THE PURSUIT OF OPERATIONAL EXCELLENCE IN SAFETY AND SECURITY REMAINS A KEY STRATEGIC PRIORITY FOR ADELAIDE AND PARAFIELD AIRPORTS. We regularly update and test our FACILITIES AERONAUTICAL plans with control authorities, We now operate Australia’s largest The 2015 OAG Aviation Airport emergency services and business airport rooftop solar system. The Punctuality League has ranked partners to ensure best practice in $2.5m project, which delivers over Adelaide Airport 7th globally for managing the airfield. 1,700 MWH per year, was delivered small airports (less than SAFETY & SECURITY on time and within budget. It will 10 million passengers) and 8th reduce overall airport emissions by overall, putting us in the Top 10 Our annual emergency field close to 10%, enabling the airport airports worldwide for punctuality, exercise took place in June to achieve its carbon goal in just and the best in Australia. enabling key agencies to practise various aspects of emergency one year. The OAG Punctuality League preparedness, operational 2015 is the industry’s most response, command, coordination comprehensive annual ranking of and control functions. on-time performance (OTP) for the world’s airlines and airports. The on-time performance of airlines and airports plays a valuable role in the industry and has the power to bring about positive change in the future of aviation. 20 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
AERONAUTICAL BUSINESS DEVELOPMENT CLEARLY, WE’RE HEADED IN THE RIGHT DIRECTION. AIRCRAFT MOVEMENTS 79,687 | -0.4% Domestic and Regional 75,445 | +0.3% International 4,242 | -11.3% PASSENGER MOVEMENTS 7.9 Million | +0.7% Domestic and Regional 7.0m | +1.9% SEAT International FACTOR 0.9m | -8.3% 76.2% | +1.0% Domestic and Regional 76.0% | 0.0% International 81.8% | +4.7% 22 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
CHINA China Southern HONG KONG INDONESIA Cathay Pacific Jetstar Tigerair UNITED MALAYSIA 8 INTERNATIONAL ARAB Malaysia Airlines DESTINATIONS BY EMIRATES Emirates DECEMBER 2016 NEW ZEALAND SINGAPORE Air New Singapore Zealand Airlines QATAR Qatar Airways
PROVIDING EASE, SEAMLESSNESS AND CONNECTIVITY TO ALL OUR CUSTOMERS. CUSTOMER FOCUS WE’RE ENABLING CUSTOMERS, TRAVELLERS AND PARTNERS TO HAVE A GREAT EXPERIENCE. In seeking to fulfil our vision to TERMINAL OPERATIONS CAR PARKING provide exceptional customer service, Adelaide Airport in 2015/16 Adelaide Airport’s international The introduction of a new online has continued to introduce and customers have benefited from the car park booking system has enhance products and services expansion of departure facilities. significantly improved the customer while ensuring we measure up experience for thousands of our A second Liquids Aerosols and against the best in the world. regular car park users. Gels (LAGS) security lane has been Adelaide Airport’s Customer installed to provide a smoother Online bookings continue to grow Service Business Unit continues transition into the immigration as we refine our marketing and to be responsible for the majority processing area. change from a rather static to more of customer-facing activities, dynamic pricing system. Under The Department of Immigration including terminal operations, the dynamic pricing system we are and Border Protection meanwhile ground transport, retail, commercial able to vary the price of parking has installed six new SmartGates and security screening facilitation. products depending on a range of at International Departures, which The unit is also responsible for market factors. This is a very similar again has improved the efficiency of business and information services, system to that used by airlines for processing passengers Ecommerce, the Ambassador seat pricing. travelling overseas. (volunteer) program and overall As parking transactions grow, we customer experience. remain focused on the customer experience and this is an area in which we’ve made great gains in the past 12 months. We have coupled our world class customer management system with great staff and the result has been very high levels of positive feedback for our car parking products. 24 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
Through our online car parking CUSTOMER SATISFACTION To ensure we are measuring our system and related support portal, performance as a top tier airport we engage with customers 4 times Adelaide has placed very high in against realistic benchmarks, we more often (average of 140 per overall passenger satisfaction as continue to benchmark against all month) than all other Adelaide measured by the Airports Council Australian and New Zealand ASQ Airport customer engagements International’s Airport Service participant airports and we’re also combined (an average of Quality (ASQ) surveys. now benchmarking against the 35 per month). Even as customer expectations best airports of similar size and continue to change, we have customer focus from around the Customer surveys have been remained a consistently high ASQ world. Examples include regional implemented after each parking performer when compared with all high performers such as Osaka activity to track customer sentiment participating Australian and New and Chang Mai, and global high (Net Promoter Score), as well gauge Zealand airports. performers Edmonton, Cape Town the level of support our customers and Austin-Bergstrom airports. We receive using the ‘Easy’ scoring In the past year we have expanded will continue to update and refine system. In both cases the feedback and revitalised our Ambassador this panel to ensure that we remain has been positive and encouraging, volunteer program, while also focused on achieving a high quality and continuing to improve. extending the opening times customer experience. 80 per cent of of the information booth. The respondents rated Adelaide Airport booth now also manages all lost as either “Very Good” or “Excellent” property, significantly increasing during FY16. the opportunities for travellers to reclaim lost items. Some of the major projects that we expect to positively impact upon our service quality scores in the next year include the terminal toilet upgrades / refurbishments and the public (free) Wi-Fi service.
NET PROMOTER SCORE (NPS) RESULTS The net promoter score calculates responses to a single question: How likely is it that you would recommend our company/product/service to a friend or colleague? The overall nps survey score can be as low as −100 (everybody is a detractor) or as high as +100 (everybody is a promoter). An nps that is positive (i.e., Higher than zero) is considered good and an nps of +50 is considered great. Our nps measure has increased from +45 when first measured in November 2015 to +59 in June 2016. AMBASSADORS BIKE FACILITIES Adelaide Airport’s Ambassador Bicycle facilities and services program has undergone significant were further upgraded in time for expansion, with the number of January’s Tour Down Under and ambassadors increasing from 21 to associated influx of cyclists. 31 at the beginning of this year. A new secure Adelaide Metro The inclusion of the additional bike cage was completed for use volunteers has allowed Adelaide by customers with a registered Airport to greatly increase its Adelaide Metrocard. Other bicycle customer service presence right facilities at Adelaide Airport across the day. include bicycle service stations for assembly, disassembly and Next year will see the recruitment minor maintenance of bicycles, free of more multi lingual Ambassadors bicycle racks for up to 12 bikes, to meet the needs of the expanding and bicycle box ‘recycling’ service international customer traffic. during major cycling events. 26 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
Great, easy access and awesome rates!!! Loved that even after we pre-paid we messed up and got a ticket upon entry Easy to do online you were onto it with a text plenty of parking not message for an easy fix. far from terminal ONLINE CAR PARKING Excellent service and easy to follow. BOOKING CUSTOMER COMMENTS So easy just drove in parked, came back a few days later and drove out. Cheaper than taxis and far less stress.
INFRASTRUCTURE DOING WHATEVER IS NECESSARY TO ENSURE THAT WE BECOME A TOP-TIER AIRPORT BUSINESS CENTRE IN THE ASIA PACIFIC REGION. As we look to bring our 30-year Adelaide Airport has been New LED lighting has been installed Vision to life, Adelaide Airport upgrading the building housing the to align with Adelaide Airport’s continues to undertake significant Vickers Vimy aircraft; completed in environmental strategy, as well as infrastructure projects that improve August 2016. a number of other design features both operational capacity and to assist in minimising the amount The Vickers Vimy aircraft is an amenity at the airport. of damaging sunlight from affecting iconic piece of aviation history as the materials and finishes of the A project to provide additional tow the first aircraft to fly from England fragile aircraft. off parking facilities for aircraft to to Australia in 1919. the north of Adelaide Airport’s main At Parafield Airport, the Kesters The upgrade has increased visibility, terminal has been completed. Road Intersection on Main North access and awareness of the Road now has new traffic light The Northern Tow Off Parking Area historic aircraft and improved the access to the southern commercial project has created parking for an environmental conditions within precinct. This $6.3m project was additional three narrow-bodied the pavilion in order to enhance delivered by AAL in consultation or one wide-bodied aircraft. The conservation of the plane. with the Department of Planning existing Ground Storage Equipment The project included the Transport and Infrastructure (DPTI). area has also been expanded. construction of a new external The scope included almost The works involved the partial canopy and curved plywood 1.4km of works on Main North demolition of the northern regional screens, which referenced the Road and significant stormwater covered walkway to facilitate the curves on the Vickers Vimy wings enhancements. The project was removal of existing pavement and and propellers, and created an delivered on time ready for the construction of a new tow off hard attractive entry into the larger opening of Hungry Jack’s as the stand for a range of aircraft types. viewing area. first new development in the precinct. 28 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
MORE AIRCRAFT PARKING TO IMPROVE OUR OPERATIONAL CAPACITY
APPROVAL FOR NEW ALDI SUPERMARKET IN 2017 30 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
PROPERTY THE PAST 18 MONTHS HAS BEEN OUR MOST ACTIVE IN THE PROPERTY SECTOR. WE’RE POWERING JOBS AND ECONOMIC GROWTH IN THE NORTHERN AND WESTERN SUBURBS. ADELAIDE AIRPORT RETAIL ALDI TERMINALS AND During the past 12 months the retail Development of an Aldi supermarket BUSINESS PRECINCTS property team has delivered on the on the corner of Vimy Avenue and strategic plan for T1 retail. Butler Boulevard in the Burbridge Adelaide Airport in 2015/16 has Business Park was approved by continued to develop strategy and In October 2014 the board approved Adelaide Airport Ltd in May 2016. planning for the Airport Business a Retail Transition Strategy to This followed a comprehensive District – a globally connected, next transition the retail tenancies on assessment and review of a generation hub with designated short term leases while achieving Merit Use application under the industry clusters across a range rental income growth and Adelaide Airport Master Plan 2014 of industries. This is a key element refurbishments. This process was involving agency referral and public of our 30-year Vision, announced well underway in 2015/16 aligned consultation, which determined in 2014, to deliver further growth with a refurbishment program. certain conditions as part of the for the greater benefit of the South A particular highlight has been development. Australian economy. the three-year renewal of leases The Merit Use approval for the An important part of the Airport with Delaware North including a nominated 6,500 m2 site will Business District is the linkages new Coopers Alehouse replacing allow a ground lease to Aldi for with the terminal and associated its previously segregated space the construction of a supermarket developments. To that end we have adjoining the 1862 Bar. Another building, including storage and been progressing well with plans highlight was the two-year lease associated car parking, which is for a new airport hotel and the renewal of the Aelia Duty Free expected to occur in 2017. expansion of existing business, including plans for terminal facilities. an additional South Australian providore component aimed at the emerging China market and a MAC cosmetics store. All lease renewals are to be delivered consistent with the overarching theme of a sense of place. There are 37 total retail stores in T1 with a retail gross lettable area of 4,769m2.
AEROMEDICAL PRECINCT PROVIDES NEW HOME FOR MEDSTAR AND RFDS TAPLEYS PRECINCT The building has been designed for ROYAL FLYING DOCTOR operational efficiencies aligned to SERVICE CENTRAL MedSTAR FACILITY helicopter boarding and mobilisation OPERATIONS BASE with the ground floor comprising The SA Ambulance Service secure and undercover garaging for The Royal Flying Doctor Service MedSTAR Rescue Retrieval operational vehicles, Rescue Team has developed a bespoke, state- Base has recently commenced preparation, equipment storage, of-the-art facility at the southern construction adjacent the existing operational briefing and meeting end of Sir Reginald Ansett Drive. Australian Helicopters facility on Sir rooms, simulation training rooms, The new facility has been designed Reginald Ansett Drive. debriefing rooms and training to bring RFDS operations and The location will enable MedSTAR hangar and gym. administrative personnel together Retrieval Teams to achieve ‘world’s under the one roof for the first time, The upper floor has commercial and will relocate the RFDS aviation best practice’ in Rotary Wing office space for administration. A response times with teams able to and ambulance operations to this 70-seat lecture theatre with inbuilt new location from its old locality on mobilise and board the helicopter flexibility to double as a training area within two minutes. The new facility James Schofield Drive. has a viewing platform overlooking will supersede the current outdated the training hangar to facilitate The new 5,400m2 facility comprises facility on James Schofield Drive training observation. commercial office space over two and eliminate the need for response levels for RFDS operational and teams to drive around the airport to The airside interface will include an administrative personnel, a hangar board a waiting helicopter. 880m2 apron adjoining the existing and maintenance facility for six Australian Helicopters apron to aircraft, and patient transfer and Being constructed on a 4,616m2 allow for efficient and optimal site with an additional 1,565m2 care facilities with a dedicated mobilisation and boarding of ambulance bay for safe and airside licensed area, the new two- helicopters. storey 3,500m2 building will provide efficient patient transfers. The site operational, administrative and The close proximity of the Rescue includes crew sleeping quarters, training facilities. Retrieval Base to the RFDS and associated staff and visitor Base will provide synergies and car parking. The facility has an engagement between the two integrated 19,200m2 aircraft apron organisations aligned with aero and taxiway which was delivered medical practice and learning. under a separate contract by AAL. The Rescue Retrieval Base is The building achieved practical scheduled for completion in completion in July 2016 with RFDS July 2017. personnel to begin transitioning into the facility in September 2016. 32 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
PET HOTEL A separate and acoustically isolated cattery area will provide Guide Dogs SA/NT is developing accommodation for up to 30 cats. South Australia’s first ‘bespoke’ pet The pet hotel will also have a hotel on a 6,577m2 site on Navaid ‘pocket pet’ area for small pets such Road immediately west of the as rabbits, guinea pigs, budgies and existing AFP K9 facility. the like. The location at Adelaide Airport was The site lease area allows extensive identified by Guide Dogs SA/NT outdoor play areas and on site as strategically and ideally suited visitor and staff car parking. to the notion of a pet hotel aligned with ‘pet parents’ having a caring The location at Adelaide Airport and high quality facility to leave their will provide travellers with the beloved pets whilst on holidays. The convenience of drop off and pick facility will be an important revenue up of pets aligned with their holiday stream to support the Guide Dogs and business travel itineraries as SA/NT core business of helping and well as the obvious convenient supporting people with disability. alignment to nearby local holiday / tourism facilities such as the The 2,650m2 building will contain Adelaide Shores Caravan Park. The a large hotel-style reception and pet hotel will also provide a high foyer, 18 luxury kennel suites, a quality day care service - the first of standard kennel area for up to its kind in the Adelaide market. 126 dogs (with the provision for an additional future 84 kennels), The Pet Hotel building application extensive indoor play areas and has been approved and is out for exercise yards, a grooming/washing tender with a select contractor area, an isolation kennel area group. Construction is targeted supported by a veterinarian room, to begin in September 2016 with and ancillary food preparation and the facility to be operational in the storage areas. second half of 2017.
TORRENS PRECINCT PARAFIELD AIRPORT MASTERS The University of Adelaide has re- NORTHERN ADELAIDE FOOD The development of the Masters invigorated the land west of Tapleys PARK Hardware and Home Improvements Hill Road into sporting grounds Store was completed in April 2016, through re-irrigating, seeding and Parafield Airport in October together with Officeworks and landscaping. The playing fields 2015 was selected as the South Hungry Jack’s stores. Woolworths will be configured as four cricket Australian Government’s preferred has now confirmed that it will exit ovals and six soccer grounds, with option for the development of its the portfolio of Masters stores by associated player and visitor car Northern Adelaide Food Park. The December 2016 with an expectation parking. Recycled water from the state-of-the-art development will the buildings will be converted to a Glenelg Sewerage Treatment enable food manufacturers, food suite of “big box” retail shops Works will be used to irrigate the packaging specialists, cold-chain in 2017. grassed areas. suppliers and transport companies to expand and grow. BRAND OUTLET CENTRE The South Australian Government Parafield Airport and developer through the Department of State Devwest have completed an Development and the Economic Agreement for Lease for the Development Board initially development of a Brand Outlet requested information in respect Centre on a four hectare site to land parcels suitable for the located immediately north of the development of a food park in Masters development, with shop northern Adelaide in May 2015 tenancy marketing occurring since on the premise that the export January 2016. of South Australia’s high quality It is forecast the centre will create food and beverages was a huge up to 350 jobs once opened, opportunity for the State both now providing a significant boost for and into the future. The nominated economic growth in the northern minimum land parcel size was 40 suburbs. The centre fits within hectares with an emphasis on being the objectives of the Commercial development ready. Estate Precinct as outlined in Parafield Airport submitted land Parafield Airport’s 2012 Master available within the Cross Keys Plan. Aligned with this development precinct, which had the added will be the relocation of Rivergum potential to expand beyond 40 Homes Display Centre from its hectares if required and further current location to a new site in the potential to provide an additional Levels Precinct accessed from the 20 hectares of land within the Kings recently-constructed Kesters Road Precinct if required. signalised intersection with Main North Road. Following selection of Parafield Airport by the State Government, a Memorandum of Understanding with the Department of Primary Industries and Resources South Australia (PIRSA) has been agreed to work collaboratively in the development of the Food Park. Parafield Airport and PIRSA have since undertaken pre-feasibility analysis to identify occupancy demand and specifications. This in turn has enabled engineering, sustainability and architectural design to envisage a fully developed estate. 34 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
PARAFIELD IS STABLE, INCLUSIVE AND PROGRESSIVE - CREATING JOBS AND GROWTH IN THE NORTH
HOME TO AUSTRALIA’S LARGEST AIRPORT ROOFTOP SOLAR SYSTEM 36 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
ENVIRONMENT TAKING THE LEAD IN A HOST OF ENVIRONMENTAL INITIATIVES. Sustainability, including • Partnering with SA Water to • The development of an advanced environmental sustainability, conduct an Urban Heat Island wildlife hazard management is central to Adelaide Airport’s Reduction Trial aimed at system, which incorporates vision. AAL is committed to investigating the use of irrigated mobile device application-based maintaining its leadership position areas for large scale temperature data collection, detailed lead in environmental sustainability, regulation. The value of this indicator, and GIS map-based further reducing its environmental research was recently recognised analysis and reporting. footprint and to environmental by the SA Stormwater Industry AAL’s environmental compliance legislative compliance. Association, winning an award for and sustainability goals include Excellence in Research AAL has realised a number complying with and/or exceeding and Innovation; of significant environmental legislative requirements, effecting achievements under its current • Commencement of a long-term change relating to the activities environment strategy including: study into the use of targeted under the direct control of AAL, vegetation types as a passive and influencing change through • Installation of a 1.2 MW control measure to control the collaboration and negotiation with photovoltaic solar array on the number and species of birds on key stakeholders. roof of the multi-deck car park, the airfield, and consequently the largest roof-top array at We are tracking well against our reducing the aviation safety risk an Australian airport. At peak strategic objectives related to associated with bird strikes; performance it is capable of environmental compliance and producing around 80% of the • Participation in the Cooperative reducing our environmental footprint airport business precinct’s energy Research Centre for as outlined in the Adelaide Airport needs; Contamination Assessment and Master Plan 2014. Remediation of the Environment, • Development of Climate Change Technical Working Group for Adaptation Plans for Adelaide and perfluoroalkyl and polyfluoroalkyl Parafield Airports to provide a substances, which is developing framework for identifying potential guidance for this group of risks to airport operations emerging contaminants that will posed by climate change and ultimately be adopted in State and to initiate the discussion around Federal legislation; and management measures that may be required to address the identified risks in the future;
OUR PEOPLE ADELAIDE AIRPORT RECOGNISES THAT PUTTING ‘PEOPLE’ AT THE CORE OF THE COMPANY’S BUSINESS STRATEGY HELPS TO DRIVE GROWTH, INNOVATION AND LEADERSHIP. In 2012 we set about revising our Our ‘Moments That Matter’ program Our focus on diversity has seen strategy for long-term growth continues to prove popular and has female staff numbers increase and sustainable operations, contributed to HR management. year-on year in what is traditionally with a strong focus on people, a male-dominated industry. We In 2015/16 we conducted community and the environment. recognise the need for flexible workshops across all departments We recognised the role that society working arrangements, particularly focussing on our values and how and the environment play in the given the challenges of our 24/7 we contribute to the strategic plan economics and longevity of the airport operation. by living our company values and business, our people and our documenting how behaviours and In the past year, as a result of reputation in the community when actions translate differently across feedback from our staff engagement these elements work together. departments. We also considered survey, we’ve introduced a new When the ‘People Strategy’ is at what our values look like in practice, Performance Management System. the core of the business strategy by describing ‘Moments that Matter’ This system allows our people it results in a more engaged, to our customers (both internal and and their managers/leaders to productive and ‘happier’ business external), giving an impression of work together to plan, monitor and and benefits the bottom line. great service. review their work goals and overall contribution to the company. We have moved to a culture of Our core value remains ‘Our empowerment and accountability, Promise to Each Other’, which was More than just an annual responsible for contributing to launched in 2014 as an internal appraisal, our new system is a and fostering innovation, diversity service charter. continual process of setting goals, and engagement, and integrating assessing progress and providing Our Promise describes the environmental considerations in the on going feedback through commitment, attitude and way we think and work. ‘connecting conversations’. behaviours expected of us to Our Leadership Framework best maintain a culture of great customer In addition to our own team, demonstrates where we want to service. Our Promise ensures we Adelaide Airport looks to recognise be as a business. This framework hold ourselves and each other to the employee contributions of our clearly articulates what great the highest standards and ultimately service providers. For example, leadership looks like at Adelaide defines how we are perceived we have introduced the Security Airport by detailing leadership as a company. with Service Awards to recognise imperatives and key actions for individuals employed by ISS We are proud of our diverse each of the levels of leadership. who have made an outstanding workforce, with a team that contribution to the success represent various cultures, of this contract. generations and nationalities, as well as a strong gender equality philosophy. Diversity and inclusion for us spans age, gender, culture, experience (we have highly skilled graduate engineers to 80-year- old volunteer ‘ambassadors’), disabilities and the way we work and respect each other. 38 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
TOP HONOURS FOR EXCELLENCE IN HUMAN RESOURCES MANAGEMENT IN THE ASIA PACIFIC REGION IN 2016 Doubled investment in training and development 100% Employee maternity engagement leave return score of 73.5%, to work up from 51% Increased female Halved PROGRESS OVER employment attrition PAST 3 YEARS: by 5% rates Equal gender promotions in 2015
OUR COMMUNITY Adelaide Airport’s partnership Community investment initiatives COMMUNITY CONSULTATION approach to community in the past year include: engagement and our community The future growth of our business, investment goes beyond individual • Royal Flying Doctor Service – and of the State, will continue to be events and activities. As an inner supporting a dental health access compatible with surrounding land metropolitan airport, we are in an program for remote areas; uses through ongoing consultation enviable position where we can with local stakeholders. • Surf Life Saving SA – purchase of build strong community values and Inflatable Rescue Boats; Adelaide and Parafield Airports influence future sustainability. both engage formally and informally • Power Community Ltd – Our Community Investment with the community through a sponsoring the Empowering Youth Strategy is making a difference to comprehensive consultation and Program; the lives of people connected to communications program. the organisations we support, and • SA Living Artists Festival – hosting We conduct quarterly meetings in particular our employees are the ‘Great Southern Land’ of the airports’ consultative involved and personally invested in exhibition in the terminal; committees and actively participate a multitude of community initiatives • Brighton Jetty Classic Sculptures in presentations and engagement and events. Exhibition – major partner; with community service clubs. We’re connecting with our Our printed newsletter ‘Plane • Adelaide Festival – presenting customers in the community Talk’ is circulated locally and we partner; through strong partnerships. also use our website and social Adelaide Airport has developed a • Adelaide Youth Orchestras – media channels to reach interested partnership approach to community social inclusion partner; and individuals and organisations. engagement and our community • Art Gallery of South Australia – Open and productive relationships investment. This aims to, among gallery partner. with key stakeholders across other things, encourage a culture industry and government foster of social inclusion and diversity, Our employees are involved and productive outcomes for the State. lead a culture of sustainability personally invested in a multitude For example, at Adelaide Airport, and enhance South Australia’s of community initiatives and collaboration and coordination reputation as a business centre and events, including: between the airport and State travel destination within the Asia Government is critical for securing Pacific region. • Adelaide Fringe – taking part in the Opening Parade; new international airline capacity, Adelaide Airport’s Community as has been demonstrated in Investment Strategy seeks to • Power Community Ltd - visit to recent years. create tangible benefits across the RAAF Edinburgh base as part of the Empowering Youth The relationship and cooperation the environment, disability sector, with our landlord and regulator, arts, sport and charitable partners, Program; the Commonwealth Department whether it be financial assistance, • Surfing SA - voluntary of Infrastructure and Regional in kind support or even volunteering participation in teaching people Development, is required for our by our own employees. Our role with disabilities to surf; current operations and future plans. stretches from local community groups through to broader impacts • Friends of the Patawalonga – Other relationships with across the Asia Pacific region. volunteering for tree planting days stakeholders include Federal, within the Patawalonga Creek State and local governments, our catchment, as well as supporting customers, on-airport tenants local organisations and schools; including retailers, airlines, and AAL and shareholders. Local businesses, • Tauondi College – Indigenous residents, employers, exporters, IT and Business Administration importers, tourism operators and students spend time with our staff the wider community also rely on a on airport. successful airport business. 40 ADELAIDE AIRPORT LIMITED: ANNUAL REPORT 15/16
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