Tonga Airports Limited

logo-tonga-airportBoard of Directors

 

Dr. Sione Ngongo Kioa

Position Chairperson

 

Mr. Viliami Jr Takau

Position Board Member

 

Dr. Sitiveni Halapua

Position Board Member

 

Mr. Fine Tohi

Position Board Member

 

Mr. John Havea

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) 2013 2014 2015 2016 2017 5-yr Average
Revenue 8,229 9,254 10,068 12,428 13,989 10,794
Net Profit After Tax 478 1,372 1,871 2,621 2,623 1,793
CSO payments
Total Assets 36,376 37,164 38,708 74,785 72,955 51,998
Total Liabilities 3,003 3,363 38,145 35,693 20,051
Shareholders’ Funds 33,366 34,160 35,346 36,639 37,262 35,355
Avg. ROE % 1% 4% 5% 7% 7% 5%
Avg. ROA % 1% 4% 5% 5% 4% 4%
Asset Utilization 23% 25% 26% 17% 19% 22%
Cash / Current liabilities 1.27 1.64 2.18 1.15 1.39 1.53

Important Documents

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