For the British aviation and defence support services company of the same name, see Airwork Services.
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 and helicopter maintenance, leasing, and operations working with private and public entities on aviation operations, with a fleet of helicopters and 737 freighters.
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.[2]
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.[3] 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. [4] 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. [5] In January 2020 Airwork began services across the Tasman with the start of Auckland to Sydney flying in conjunction with Fedex.[6]
Fleet
An Airwork Boeing 737-300 freighter at Brisbane Airport (2011).
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.[13]
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.[14]
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For the British aviation and defence support services company of the same name see Airwork Services 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 and helicopter maintenance leasing and operations working with private and public entities on aviation operations with a fleet of helicopters and 737 freighters AirworkIATA ICAO Callsign AWK AirworkFounded1936Operating basesAuckland Brisbane PerthSubsidiariesAirwork NZ Limited Airwork Flight Operations Ltd Helilink Ltd Skylink Ltd Inflite Charters LtdFleet size20Parent companyAirwork GroupHeadquartersAuckland New ZealandKey peopleChris Hart CEO Florence Wong CFO Revenue 130 millionWebsitewww wbr airworkgroup wbr comIt operates freight services in Australia for Toll Priority and Pacific Air Express It operates night postal services for New Zealand Post and Freightways through a joint venture agreement Its main fixed wing base is Auckland Airport with helicopter operations at Ardmore Airport and Queenstown Airport in New Zealand The Australian freighter fleet has its headquarters at Brisbane Airport with operational bases in Perth Adelaide Melbourne and Darwin 1 Contents 1 History 2 Fleet 3 Incidents and accidents 4 References 5 External linksHistory EditThe 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 2 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 3 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 4 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 5 In January 2020 Airwork began services across the Tasman with the start of Auckland to Sydney flying in conjunction with Fedex 6 Fleet Edit An Airwork Boeing 737 300 freighter at Brisbane Airport 2011 An Airwork Boeing 737 400F operating for Toll Priority at Christmas Island Airport March 2016 As of January 2020 the Airwork fleet consists of the following aircraft 7 8 Aircraft Total Orders NotesBoeing 737 300F 4 1x on wet lease to Toll Priority 1x on wet lease to Virgin Australia2x on dry lease to Star AirBoeing 737 400F 12 9 3x on dry lease to Toll Priority 4x on wet lease to Parcelair1x in conversionBoeing 757 200F 4 1x on dry lease to Aviastar Tu 1x on dry lease to Swiftair1x on dry lease to Olympus Airways1x in conversion 10 Total 20In addition to the aircraft above Airwork owns 29 Helicopters 11 As at Jan 2020 the Airwork fleet consists of the following aircraft 12 Helicopters Total Orders NotesEurocopter AS350 B2 2Eurocopter AS350 BA 1Eurocopter EC130 B4 1Kawasaki BK 117 A 3 2Kawasaki BK 117 A 4 1Kawasaki BK 117 B 2 1MBB Kawasaki BK 117 B 2 3Incidents and accidents EditOn 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 Aerospatiale 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 13 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 14 References Edit http www nvinteractive co nz NV Interactive Airwork Group Contact Us Retrieved 27 September 2016 History Airwork www airworkgroup com Retrieved 12 February 2020 Airwork annual profit climbs 52 beating forecast 27 August 2014 Archived from the original on 1 October 2016 Retrieved 27 September 2016 Partial takeover of Airwork Holdings by China s Zhejiang Rifa unconditional 14 March 2017 China s Zhejiang Rifa makes full takeover offer for Airwork Holdings 27 September 2017 Lowe Steve 30 January 2020 New Trans Tasman Air Freight Service 3rd Level NZ Retrieved 5 February 2020 Our Aircraft Airwork flight operations Archived 8 June 2010 at the Wayback Machine retrieved 20 October 2016 NZ CAA civil register entry ZK AWK retrieved 21 June 2010 AEI to provide Airwork with 12th B737 400SF freighter conversion Air Cargo News 28 January 2020 Retrieved 12 February 2020 Airwork ramps up conversions Cargo Facts cargofacts com Retrieved 12 February 2020 Greg Ninness 5 October 2013 NZX Listing Beckons For Airwork Holdings Stuff co nz Retrieved 26 January 2014 Aircraft Register retrieved 4 Jan 2020 Aviation Safety Network ZK POA accident description Retrieved 18 December 2008 Accident Airwork B733 at Honiara on Jan 26th 2014 gear collapse on landing Retrieved 27 September 2016 External links Edit Media related to Airwork at Wikimedia Commons Airwork GroupPortals New Zealand Companies Aviation Retrieved from https en wikipedia org w index php title Airwork amp oldid 1123860996, wikipedia, wiki, book, books, library,
