The Fijian Government this morning received a total of $45 million dividend payment from Fiji Airports after recording exceptional financial performance for 2017.
While receiving the cheque, Attorney-General and Minister for Civil Aviation, Aiyaz Sayed-Khaiyum applauded the efforts of staff and management of Fiji Airports.
“In many ways, Fiji Airports has become a model State Owned Enterprise. Its profitability has grown by 1,000 per cent or tenfold in the last 5 years. It is giving record, unprecedented and sustainable dividends to its shareholder the Government,” the AG said.
“Yet, and despite the fact that all other 14 airports in the network of Fiji Airports’ make a loss, Fiji Airports through the support and vision of the Bainimarama Government has embarked upon an ambitious and unprecedented capital infrastructure upgrade program for these airports.”
He further added that Savusavu and Labasa will have brand new domestic terminals by 2020 and the Nausori runway upgrade project commences in a months time.