Tonga Airports Limited

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BOARD OF DIRECTORS

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Mr. Tiofilusi TIUETI

Position: Chairman

Dr. Siosaia KAMI

Position: Board Member

Ms. Victorina LEGER

Position: Board Member

ACTIVITIES

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.

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

Audited Financial Highlights (T$’000) 2020 2021 2022 2023 2024 5-yrs Average
Revenue 14,404 6,423 7,471 15,851
Net Profit After Tax -2,737 -4,931 -4,867 564
CSO payments
Total Assets 93,952 86,115 79,211 73,341
Total Liabilities 23,737 23,532 17,737 49,432
Shareholders’ Funds 34,045 29,113 24,245
Avg. ROE % -8% -16% -18% 2%
Avg. ROA % -3% -6% -6% 1%
Asset Utilization 17% 7% 9%
Cash / Current liabilities 0.95 0.08 0.14

IMPORTANT DOCUMENTS

  • REPORTS (ANNUAL REPORT, HALF YEAR REPORT)
    • TAL Annual Report for the year

WEBSITE

TONGA AIRPORTS LIMITED (KAUTAHA VAKAPUNA Á TONGA)

FACEBOOK PAGE

TONGA AIRPORTS LIMITED (KAUTAHA VAKAPUNA)