What is the NZALPA Contingency Fund Trust?

The NZALPA Contingency Fund Trust (CFT) is a fund established in September 2004 by the board and membership of the New Zealand Air Line Pilots’ Association in the wake of the Ansett 703 Dash 8 accident of 1995 and the demise of Ansett NZ in 2000. Both these occurrences highlighted to NZALPA the need for significant financial strength in the event of unforeseen events.

The original foundation of the Trust’s assets was by way of financial contributions from members of NZALPA over many years.

Under the stewardship of a number of Directors, the Trust has grown extremely well and now possesses a significant commercial property portfolio with strong cashflows.

The CFT has broad discretion to provide protection and assistance for groups and individual NZALPA members when unforeseen contingencies occur.

 Annual Reports from the CFT can be found in the documents section to the right up until 2015. Reports from 2015 are included as a part of the NZALPA Annual Report and these can be found here.