C130 Hercules takes off during Warbirds over Wanaka. Photo
The Warbirds over Wanaka International Airshow at Easter
produced a $200,000 surplus.
The previous show in 2010 delivered a deficit of $143,000.
Announcing the result at yesterday's annual meeting of the
Warbirds Community Trust, chairman Murray Cleverley put the
improvement down to tighter management, changes in the way
pilots and plane owners were involved in the show and the
fact that no overseas aircraft attended.
The income from the show was $2.2 million and expenditure $2
Crowd numbers over the three days of the 2012 show had been
maintained at 50,000, despite difficult economic times and
falling tourist numbers, Mr Cleverley said.
The trust was in a sound financial position although he would
have preferred a surplus of $300,000 or more so debt could be
retired, he said.
The trust would continue to market the show to a broader
range of people, rather than to just "white middle-aged men",
and would attempt to make it "inclusive rather than
Mr Cleverley said in the seven years the show had been run by
the trust, 150,000 people had been entertained and the show
had generated $75 million of economic benefit to Central
At the end of the meeting, Mr Cleverley handed over the
chairmanship of the trust to Otago Chamber of Commerce chief
executive John Christie. Mr Christie, of Dunedin, has been on
the trust board for 18 months.
Ross McRobie has joined the board in place of John Wilson,
who has stepped down.
Although patron Sir Tim Wallis did not attend the meeting, he
was expected afterwards and Mr Cleverley said he was still
"scheming and planning" to improve the show.
"He just doesn't stop."