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Airport defends ongoing investment programme
MEDIA RELEASE 14 August 2008
Wellington Airport defends ongoing investment programme and modest price increases
Wellington International Airport Limited (WIAL) will strongly defend judicial review proceedings brought by Air New Zealand regarding the setting of WIAL’s new landing charges. These charges were effective from 1 July 2007.
The increase in aeronautical revenue averaged 2.5% per annum reflecting no change to the international passenger charge and a 2.85%per annum. increase in airline charges (equivalent to 30c per passenger on jets and less on regional aircraft).
The Airport’s charges are reset every five years with this change being the first since 2002. The increase in charges is directly related to the cost associated with the airport’s $85 million investment in enhanced runway safety and the work that is underway to upgrade the international terminal and aircraft facilities to relieve existing congestion and to cope with forecasted passenger growth. WIAL consulted comprehensively and constructively with the airlines for 12 months before setting the new charges.
“Wellington Airport is acutely aware of its statutory obligations in setting its landing fees and it is our view that we have undertaken the process thoroughly and will strongly defend the claims made by Air New Zealand”, said Mike Basher, Acting CEO.
“The
regulation of Airports in New Zealand has a track record of
producing good investment in facilities and prices which are
still low on a comparative international basis. Anyone who
has travelled through airports such as Heathrow would also
be acutely aware of the consequence of under-investing in
facilities. The existing regime and the outcome of this
consultation has, we believe, produced a good outcome.”
ENDS
Wellington Airport
Wild at Heart
Wellington Airport provides a world class airport for visitors, the Wellington region and New Zealand. It's international terminal, The Rock, is ranked 4th best in the World. Being very close to the CBD saves 5.4 million travellers plenty of time and makes Wellington a more attractive place to visit. The Airport won the Wellington Gold Awards for Safety and is a major supporter of local events, attractions and community groups.
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