Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Report is final step in airport performance regime

Commerce Commission’s Christchurch report is final step in establishing an effective information disclosure regime, says New Zealand Airports Association

The Commerce Commission’s report on Christchurch Airport is the final step in a process that was key to establishing an effective information disclosure regime, says the New Zealand Airports Association.

New Zealand Airports Association chairman Steve Sanderson said the review process, which has also included reports on Wellington and Auckland airports, had led to a greater understanding among all parties about how airport performance in New Zealand will be monitored and measured.

“It is very positive that the Commission has recognised that information disclosure regulation is effectively promoting innovation and quality at Christchurch Airport” said Mr Sanderson.

“These are key aspects of the airport’s experience that are important to passengers, airlines and to New Zealand, and this process has demonstrated the disclosure system is already working well to promote these positive outcomes.”

Mr Sanderson said that, although the Commission had expressed concerns at the potential level of long-term returns that Christchurch Airport may target in the future, it has endorsed the actual prices set for the next four years as appropriate in the unique circumstances following the earthquakes and major investment in a new airport terminal.

“The Christchurch findings are a further example of New Zealand airports setting prices that are appropriate in their differing circumstances and taking into account the needs of their consumers.

“Christchurch Airport consults with its customers every five years on airport charges. The prices it has set for the current five year period have been endorsed by the Commission. The airport has always committed to consultation with customers in 2017 on the prices that will actually apply from that date onwards, and to taking into account the market conditions at that time.”

Mr Sanderson said that, overall, the Commission’s findings have confirmed the airport sector in New Zealand is in good health.

“The reports have established that the sector is characterised by high quality and innovative airports that are investing efficiently in long-term and complex infrastructure necessary to cater for New Zealand’s future growth,” he said.

“New Zealand’s airports will continue to work to grow valuable tourism and trade for the benefit of all New Zealanders.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


Land & Water Forum: Fourth Report On Water Management

The Land and Water Forum (LWF) today published its fourth report, outlining 60 new consensus recommendations for how New Zealand should improve its management of fresh water and calling on the Government to urgently adopt all of its recommendations from earlier reports. More>>



Welcome Home: Record High Migration Stokes 41-Year High Population Growth

New Zealand annual net migration hit a new high in October as more people arrived from than departed for Australia for the first time in more than 20 years. More>>


Citizens' Advice Bureau: Report Shows Desperate Housing Situation Throughout NZ

CAB's in-depth analysis of over 2000 client enquiries about emergency accommodation shows vulnerable families, pregnant women and children living in cars and garages, even after seeking assistance from the Ministry of Social Development and Housing New Zealand. More>>


Speaking For The Bees: Greens Call For Neonicotinoid Pesticide Ban

The National Government should ban the use of controversial pesticides called neonicotinoids after evidence has revealed that even at low doses they cause harm to bee populations, the Green Party said today. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news