Fiji Airports Limited has declared $30 million in dividends to Government as its shareholder

Fiji Airports Limited has declared $30 million in dividends to Government as its shareholder.

Fiji Airports made a net operating profit of $79.2 million before tax for 2018.

Newly appointed Chairman of Fiji Airports, Geoffrey Shaw says the payment of an additional $30 million marks a total dividends payout of $175 million to Government over the last six years.

He says by comparison, in the entire history of Fiji Airports prior to the last six years, less than $15 million in dividends was declared and paid.

He says Fiji Airports has a challenging journey ahead with mounting operating cost pressures and a massive capital works program scheduled as part of its Master Planning.

Attorney General and Minister for Economy, Aiyaz Sayed-Khaiyum who received the cheque this morning says Fiji Airports Limited and Nadi International Airport have won several international awards and the fact that Fiji Airways recently has won awards goes to show that there are improvements.

He says a lot of young people are involved in these organisations where they have embarked on a cultural change.

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