Transport in New Zealand final sailing of the Rangatira, which was custom built and entered service in 1972, was on 15 September 1976, after two money-losing years (subsidised by the government). New Zealand's air travel sector is served by 15 airlines. The largest airline is Air New Zealand, a state-owned flag carrier. There are 123 airports (and aerodromes) in New Zealand. Six airports provide international air services (besides domestic services); Auckland and Christchurch (the largest airports in the North and South Islands, respectively) providing long-haul and short-haul international air services; and Wellington, Hamilton, Dunedin and Queenstown providing short-haul international air services to Australia and
Auckland City as banking and insurance, which were affected by financial crises. However, over the last five years of its existence, Auckland's economic growth averaged 1.4% each year, higher than the average of the region and the nation. In 2003 three of the ten largest companies in New Zealand (Air New Zealand, Fletcher Building, and Foodstuffs) were headquartered in Auckland City. Many large corporations were housed within Auckland CBD, the central part of Auckland City. Air New Zealand has its worldwide headquarters, called "The Hub", off Beaumont and Fanshawe Streets in the Western Reclamation; the airline moved there from the Auckland CBD