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


Airports association calls for action for fair prices

Airports association calls for Commerce Commission action to ensure fair prices on ‘monopoly routes’

New Zealand Airports Association (NZ Airports) has welcomed Air New Zealand’s commercial success, but says regions are right to question whether provincial routes are generating excessive profits.

Association chief executive Kevin Ward said the situation could be resolved by the Commerce Commission introducing an information disclosure regime for regional airlines with monopolies on routes.

“News of a third consecutive rise in Air New Zealand profits shows our national airline is consistently successful, which is good for New Zealand,” said Mr Ward.

“Making a profit is a good thing for the airline’s ongoing investment, innovation, reliability, and promotion of New Zealand, but very high airfares have a choking effect on regional economies, business connections, tourism and social links.

“There are big question marks around Air New Zealand’s monopoly domestic routes where there is potential for excessive profits, and no transparency or monitoring.”

Mr Ward said there is currently a lack of good information and analysis which would enable people to see for themselves if airfares to the regions are reasonable or not.

“It would be in the national interest to have transparency and disclosure on those domestic routes where there is no choice for air passengers,” he said.

“The Commerce Commission could be directed by the Government to include monopoly regional airlines in an information disclosure regime. That would be the best way to assure New Zealanders that Air New Zealand’s prices are fair.

“Quality standards and schedules could also be included to ensure the reasonable needs of each region are met.”


© 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