Airwork

{{Short description|Airline of New Zealand}}

{{for|the British aviation and defense support services company of the same name|Airwork Services}}

{{Use dmy dates|date=September 2017}}

{{Use New Zealand English|date=September 2017}}

{{Infobox airline

| airline = Airwork

| image = File:Airwork Brand image.gif

| image_size = 200

| alt =

| IATA = —

| ICAO = AWK

| callsign = AIRWORK

| founded = 1936

| founders = Charles & Arthur Brazier

| commenced =

| ceased =

| aoc =

| bases = Auckland, Brisbane, Perth

| hubs =

| secondary_hubs =

| focus_cities =

| frequent_flyer =

| lounge =

| alliance =

| subsidiaries = Airwork Flight Operations Ltd,
Airwork Ireland Ltd

| fleet_size = 20

| destinations =

| company_slogan =

| parent = Airwork Group

| headquarters = Auckland, New Zealand

| key_people =

  • Daniela Marsilli (CEO)
  • Florence Wong (CFO)

| revenue = $184 million

| operating_income =

| net_income =

| profit =

| assets =

| equity =

| website = {{URL|http://www.airworkgroup.com}}

}}

Airwork is an aviation business based in Auckland, New Zealand. The Airwork Group is New Zealand's largest general aviation company. It focuses on fixed wing maintenance, leasing, and operations working with private and public entities on aviation operations, with a fleet of 737 freighters.

It operates freight services in Australia for Toll Priority, Qantas and FedEx. It operates night postal services for New Zealand Post and Freightways through a joint venture agreement. Its main fixed wing base is Auckland Airport in New Zealand. The Australian freighter fleet has its headquarters at Brisbane Airport, with operational bases in Perth, Adelaide, Melbourne, and Darwin.{{cite web|url=http://www.airworkgroup.com/net/contact/|title=Airwork Group - Contact Us|access-date=27 September 2016}}

History

The Airwork group is one of New Zealand's oldest aviation companies. Airwork was first established in 1936 by aircraft engineers Charles and Arthur (Bill) Brazier as an aircraft maintenance company originally assembling Tiger Moth biplanes at Rongatai Airfield. As the industry developed, Airwork moved into the engine overhaul business and in the 1970s became a listed company in which Brierley Investments built up a substantial shareholding. The business was purchased in 1984 by Hugh Jones and Alan Hubbard, and in 1988 Hugh Jones took control of the whole business.{{Cite web|url=https://www.airworkgroup.com/history|title=History {{!}} Airwork|website=www.airworkgroup.com|access-date=2020-02-12}}

Airwork Holdings Limited was listed on the New Zealand Stock Exchange (NZX) in 2013 with the code AWK at an IPO price of $2.60 per share. Airwork's profit has increased 52% in the year ending 30 June 2014.{{cite web|url=http://www.nbr.co.nz/article/airwork-annual-profit-climbs-52-percent-beating-forecast-bd-161514|title=Airwork annual profit climbs 52%, beating forecast|date=27 August 2014|access-date=27 September 2016|archive-url=https://web.archive.org/web/20161001165612/http://www.nbr.co.nz/article/airwork-annual-profit-climbs-52-percent-beating-forecast-bd-161514|archive-date=1 October 2016|url-status=dead}} In October 2016, Chinese Zhejiang Rifa Holding Group offered $5.40 per share for 75 percent of the business. The offer closed in early March 2017 with 94.7 percent shareholder acceptance.{{Cite web|url = https://www.nbr.co.nz/article/partial-takeover-airwork-holdings-chinas-zhejiang-rifa-unconditional-b-200639|title = Partial takeover of Airwork Holdings by China's Zhejiang Rifa unconditional|date = 14 March 2017|access-date = 17 October 2017|archive-date = 9 September 2018|archive-url = https://web.archive.org/web/20180909153730/https://www.nbr.co.nz/article/partial-takeover-airwork-holdings-chinas-zhejiang-rifa-unconditional-b-200639|url-status = dead}} On 27 September 2017, Rifa Jair Company, a unit of Zhejian Rifa Holding group Co, made a full takeover offer for all fully paid ordinary shares of Airwork Holdings at a 21 percent premium to the closing price on 26 September 2017.{{Cite web|url=https://www.nbr.co.nz/article/chinas-zhejiang-rifa-makes-full-takeover-offer-airwork-holdings-b-208145|title=China's Zhejiang Rifa makes full takeover offer for Airwork Holdings|date=27 September 2017|access-date=18 October 2017|archive-date=8 March 2019|archive-url=https://web.archive.org/web/20190308181946/https://www.nbr.co.nz/article/chinas-zhejiang-rifa-makes-full-takeover-offer-airwork-holdings-b-208145|url-status=dead}}

In January 2020 Airwork began services across the Tasman with the start of Auckland to Sydney flying in conjunction with Fedex.{{cite web |last1=Lowe |first1=Steve |title=New Trans-Tasman Air Freight Service |url=http://3rdlevelnz.blogspot.com/2020/01/new-trans-tasman-air-freight-service.html |website=3rd Level NZ |date=30 January 2020 |access-date=5 February 2020}}

In December 2022 Airwork sold its helicopter business to Salus Aviation.{{cite web |title=Helicopter Sale |url=https://www.helis.com/database/news/salus-air-work-nz-acquisition/ |website=Helis.com |access-date=27 September 2023}}

Fleet

File:Airwork NZ Boeing 737-300F BNE Prasertwit.jpg

File:Airwork Boeing 737-400F (ZK-JTQ) at Christmas Island Airport (1).jpgF, operating for Toll Priority, at Christmas Island Airport (March 2016).]]

As of January 2020 the Airwork fleet consists of the following aircraft:[http://flightoperations.co.nz/content/aircraft/default.aspx Our Aircraft - Airwork flight operations] {{Webarchive|url=https://web.archive.org/web/20100608180100/http://www.flightoperations.co.nz/content/aircraft/default.aspx |date=8 June 2010 }} retrieved 20 October 2016.[http://www.caa.govt.nz/Script/Aircraft_Hist.asp?Aircraft_ID=7496 NZ CAA civil register entry - ZK-AWK] retrieved 21 June 2010.

class="wikitable" style="border-collapse:collapse"
Aircraft

!Total

!Orders

!Notes

Boeing 737-300F

|{{center|4}}

|

|1x on wet lease to Toll Priority

1x on wet lease to Virgin Australia

2x on dry lease to Star Air

Boeing 737-400F

|{{center|12{{Cite web|url=https://www.aircargonews.net/airlines/freighter-operator/aei-to-provide-airwork-with-12th-b737-400sf-freighter-conversion/|title=AEI to provide Airwork with 12th B737-400SF freighter conversion|date=2020-01-28|website=Air Cargo News|language=en|access-date=2020-02-12}}}}

|

|3x on dry-lease to Toll Priority

4x on wet-lease to Parcelair

1x in conversion

Boeing 757-200F

|{{center|4}}

|

|1x on dry lease to Aviastar-Tu

1x on dry lease to Swiftair

1x on dry lease to Olympus Airways

1x in conversion{{Cite web|url=https://cargofacts.com/allposts/equipment/aircraft/airwork-ramps-up-conversions/|title=Airwork ramps up conversions {{!}} Cargo Facts|website=cargofacts.com|access-date=2020-02-12}}

Total

!20

!

!

Incidents and accidents

  • On 26 November 1993, two aircraft operated by Airwork, under contract to the New Zealand Police, collided in mid-air over central Auckland. The collision of the Aérospatiale TwinStar helicopter and Piper Archer fixed wing aeroplane resulted in the deaths of all four occupants.
  • On 2 May 2005 a Fairchild SA227-AC Metro III registration ZK-POA broke up in flight 6 km East of Stratford. The flight was a NZ Post service from Auckland to Blenheim. The crash killed the two occupants.[http://aviation-safety.net/database/record.php?id=20050502-0 Aviation Safety Network ZK-POA accident description.] Retrieved 18 December 2008.
  • On 26 January 2014 a Boeing 737-300F ZK-TLC conducting a Toll freight service from Brisbane was involved in an incident while landing at Henderson field, Honiara in the Solomons Islands. The right landing gear collapsed during the roll out. None of the three crew were hurt in the incident.{{cite web|url=http://avherald.com/h?article=46f15c12&opt=0|title=Accident: Airwork B733 at Honiara on Jan 26th 2014, gear collapse on landing|access-date=27 September 2016}}

References

{{Reflist}}