Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Commerce Commission Endorses Christchurch Airport Pricing

Commerce Commission Final Report Endorses Christchurch Airport Pricing


A Commerce Commission report has endorsed Christchurch International Airport’s overall approach to setting its prices.


The just released final report indicates the Commission is comfortable with Christchurch Airport’s current prices and the way the company is targeting stable long-term prices.


Christchurch Airport Chief Executive Malcolm Johns says CIAL supports the Information Disclosure regime and believes the final report demonstrates it is working well. He says the Commission’s process, the first under this new structure, has provided important clarifications and insights into how Christchurch Airport will consider future aeronautical price resets and disclosures.


“We’re pleased our overall pricing approach has been endorsed by the Commission. It has recognised our current pricing is appropriate and reaffirmed we are performing well in areas such as investments, operating efficiency, quality and innovation,” says Mr Johns.


“We have always had a commitment to re-consult on our pricing in 2017 and we’re glad this cornerstone of our long-term price setting regime has been recognised in the Commission’s final report.”


Mr Johns says Christchurch Airport is a significant contributor to the Canterbury and South Island economies.


“Christchurch Airport plays an important role in promoting and sustaining New Zealand’s brand with overseas travellers and tourists. We will continue to balance airlines’ interests with the need to develop international quality facilities and provide fair returns on investment to our Christchurch ratepayer and New Zealand taxpayer shareholders.


“This approach was part of our commitment to our airline customers during consultation and contributed to how we have set our prices. When re-consultation begins, we will take into account at that time the Commission’s position, as well as market conditions.


“As a publicly owned and internationally-acclaimed facility, we are acutely aware of our responsibilities and fully committed to deliver on them,” says Mr Johns.


The Commerce Commission released a draft report on Christchurch Airport’s price setting regime in September 2013. Christchurch Airport responded to the draft report within the specified timeframe.


[ENDS]

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Parliament Today: State Opening Of Parliament

The House sits at 10.30am today before MPs are summoned to hear the Speech from the Throne in the Legislative Council Chamber.

The speech delivered by the Governor-General on the Government’s behalf outlines its priorities for this Parliament.

After this MPs will return to the House for the presentation of petitions and papers and the introduction of any bills.

The Government has five notices of motion on the Order Paper which can be debated. These relate to relating to the appointment of the Deputy Speaker, Assistant Speakers, the reinstatement of business in a carryover motion and one on “Entities to be deemed public organisations”. More>>

 

Tertiary Education: Students Doing It Tough As Fees Rise Again

The Government is making it increasingly difficult for Kiwis to gain tertiary education as fees continue to rise and access to student support becomes even more restricted, Labour’s Tertiary Education spokesperson Chris Hipkins says. More>>

ALSO:

Housing, Iraq: PM Press Conference – 20 October 2014

Prime Minister John Key met with press today to discuss:
• Housing prices and redevelopment in Auckland
• Discussions with Tony Abbott on the governmental response to ISIS, and New Zealand’s election to the UN Security Council More>>

ALSO:

Labour: Review Team Named, Leadership Campaign Starts

Labour’s New Zealand Council has appointed Bryan Gould as Convenor of its post-General Election Review. He will be joined on the Review Team by Hon Margaret Wilson, Stacey Morrison and Brian Corban.

ALSO:


Roy Morgan Poll: National Slips, Labour Hits Lows

The first New Zealand Roy Morgan Poll since the NZ Election shows National 43.5% (down 3.54% since the September 20 Election). This isn’t unusual, National support has dropped after each of John Key’s Election victories... However, support for the main opposition Labour Party has crashed to 22.5% (down 2.63% and the lowest support for Labour since the 1914 NZ Election as United Labour). More>>

ALSO:

In On First Round: New Zealand Wins Security Council Seat

Prime Minister John Key has welcomed New Zealand securing a place on the United Nations Security Council for the 2015-16 term. More>>

ALSO:

TPP Leak: Intellectual Property Text Confirms Risk - Jane Kelsey

The US is continuing its assault on generic medicines through numerous proposed changes to patent laws. ‘These are bound to impact on Pharmac if they are accepted’, according to Professor Kelsey... Copyright is another area of ongoing sensitivity... More>>

ALSO:

RMA: Smith Plans Reform To Ease Urban Development

Newly appointed Environment Minister Nick Smith has announced Resource Management Act reform to foster urban development, where high land prices and expensive resource consents are blocking efforts to provide affordable housing. More>>>

ALSO:

Gordon Campbell: On New Zealand getting involved (again) in other people's wars

Apparently, the Key government is still pondering how New Zealand will contribute to the fight against Islamic State. Long may it ponder, given the lack of consensus among our allies as to how to fight IS, where to fight it (Syria, Iraq, or both?) and with whose ground troops, pray tell? More>>

ALSO:

Gordon Campbell: On child poverty, and David Shearer’s latest outburst

The politicisation of (a) the public service and (b) the operations of the Official Information Act have been highlighted by the policy advice package on child poverty that RNZ’s resolute political editor Brent Edwards has finally prised out of the Ministry of Social Development. More>>

ALSO:

Gordon Campbell: On the government’s review of security laws

So the Key government is about to launch a four week review of the ability of our existing legislation to deal with “suspected and returning foreign terrorist fighters, and other violent extremists.”

According to its terms of reference, the review will consider whether the SIS, GCSB and Police are sufficiently able right now to (a) investigate and monitor suspected and returning foreign terrorist fighters… More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news