Tonga Airports Limited

logo-tonga-airport

 

 

 

BOARD OF DIRECTORS

ngongo kioa

Dr. Sione Ngongo KIOA

Position: Chairman

michael a bloomfield

Mr. Michael A. BLOOMFIELD

Position: Deputy Chairman

toimoana takataka final

Mr. To’imoana TAKATAKA

Position: Board Member

fakahau valu final

Mr. Fakahau VALU

Position: Board Member

sione havea taione final

Mr. Sione Havea TAIONE

Position: Board Member

motuapuaka final

Mr. Soakai MOTU’APUAKA

Position: Board Member

etuate sakalia final

Mr. ‘Etuate SAKALIA

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) 2015 2016 2017 2018 2019 5-yr Average
Revenue 10,068 11,769 13,989 13,447 14,345 12,724
Net Profit After Tax 2,431 2,621 2,623 1,362 1,993 2,206
CSO payments
Total Assets 38,708 74,785 72,955 70,345 71,029 65,564
Total Liabilities  3,363 38,145 35,693 33,721 32,752 28,735
Shareholders’ Funds 35,346 36,639 37,262 36,625 38,277 36,830
Avg. ROE % 7% 7% 7% 4% 5% 6%
Avg. ROA % 6% 5% 4% 2% 3% 4%
Asset Utilization 26% 16% 19% 19% 20% 20%
Cash / Current liabilities 0.63 0.79 1.45 1.56 0.24 0.94

Important Documents

Website

Facebook Website

https://www.facebook.com/tongaairports