aviation & surface transportaviation & surface transport

Covec works for government agencies, airlines, surface transport and port companies. It undertakes price analysis, appraisal of transport infrastructure, volume forecasts, fuel demand analysis and analysis of government policy.

Relevant Skills & Services: 
competition & regulatory advice
economic modelling & analysis
forecasting & projections
policy & cost-benefit analysis
research programmes & data collection
Examples of Our Work: 

Air passenger forecasts for NZ Customs

New Zealand Customs

The development of a 10 year passenger forecast for Auckland International Airport to help determine NZ Customs’ future infrastructure and human resource needs.

Analysis of measures to improve oil security

A series of studies to assist in the development of oil security policy: (1) a cost benefit analysis of increasing levels of oil storage consistent with IEA requirements, (2) analysis of options for rapid demand restraint in the event of a supply emergency and (3) the design of a fuel rationing system.

application/pdf iconOil Demand Restraint.pdf
application/pdf iconOil Security.pdf

Analysis of the cruise ship industry

Auckland Regional Council
GUEDO

Covec has provided advice to several public sector agencies on the costs and benefits of developing a new cruise ship terminal in Auckland.  During the course of these projects we have examined the economic benefits of the cruise ship industry, analysed detailed ship and passenger movement data and assessed a range of design and location options for a dedicated cruise ship terminal in Auckland.

Auckland passenger forecasts

The development of a 25 year passenger forecast for Auckland International Airport to support a potential acquisition by an investment bank.

Cost allocation dispute over Auckland's northern busway

Expert testimony on the appropriate allocation of North Shore City's share of Northern Busway costs as between existing and future residents.

Design of fuel rationing system

Ministry of Economic Development (NZ)

Design of a fuel rationing system to be used in an oil or petroleum fuel supply emergency.

Gold Coast & Townsville Passenger Forecasts

The development of 10 year passenger forecasts for Gold Coast Airport and Townsville Airport to support a debt refinancing process.

Merger analysis in the waste industry

Chapman Tripp

Detailed empirical modelling of the cost and demand for different forms of waste collection in cities of varying sizes, including modelling economies of route density.

Passenger forecasts for Cairns & Mackay airports

Covec was commissioned by a consortium of investment banks to generate annual passenger forecasts to 2030 to support the purchases of Cairns & Mackay Airports in Northern Queensland.  The forecasts were the main drivers of the valuation models used by the banks.  Our consortium was successful in purchasing the two airports.

Rail infrastructure investment appraisal

Ministry of Transport (NZ)

Development of a set of spreadsheet-based models to estimate the public (externality) benefits of rail infrastructure investment.

Socio-economic analysis of vehicle emissions policy

Ministry of Transport (NZ)

A social and economic analysis of a proposed system of emissions testing and emissions standards for vehicles.

application/pdf iconVehicle Fleet Emission Assessment Phase 1.pdf
application/pdf iconVehicle Fleet Emission Assessment Phase 2.pdf
application/pdf iconVehicle Fleet Emission Final Report.pdf

The impact of the price of oil on inbound tourism

Foundation for Research, Science and Technology

This was a three-year research project delivered in partnership with Lincoln University and Landcare Research.  The main objective of the project was to assess the sensitivity of the inbound tourism market to the price of oil.  The outputs from the project included several published articles and a range of working papers, as well as an online oil price risk assessment tool for New Zealand tourism businesses.

application/pdf iconTourism Oil Price Tool Methodology.pdf

Tourism and Aviation: Critical Linkages

Foundation for Research, Science and Technology
Ministry of Tourism (NZ)

Jointly with the University of Otago, Covec is undertaking detailed research into the drivers of the New Zealand aviation sector and the implications for tourism.

application/pdf iconNZ Aviation Data Review Report.pdf
application/pdf iconCapacity NZ Inbound Routes.pdf