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

Gordon Campbell:
On The National Leadership “Contest”

Key’s endorsement of English has turned this “contest” into a race for second place.

This succession was well planned. Lets not forget that English was told by Key in September of his intention to resign, and English was the only member of Cabinet entrusted with that information before it was sprung on everyone else on Monday morning. More>>

Latest: Judith Collins and Jonathan Coleman have withdrawn from the leadership race, leaving Bill English the only candidate to replace John Key as Prime Minister.

 

Education, Marketing, Taxes: Health Groups Call For Actions For Sugary Drinks

The New Zealand Dental Association is launching a new consensus statement on Sugary Drinks endorsed by key health organisations. The actions seek to reduce harm caused by sugary drinks consumption. More>>

ALSO:

More Departures? David Shearer Proposed For UN Peacekeeping Role

Mt Albert MP David Shearer is being proposed for a demanding and exciting role heading the United Nations peacekeeping force in South Sudan, says Labour Leader Andrew Little. More>>

ALSO:

Security Agencies' Reports: GCSB Wants To Give ISPs More Power To Block Threats

The Government Communications Security Bureau wants to give internet service providers more information and power to block cyber threats which are increasing, its director told the intelligence and security select committee yesterday.. More>>

ALSO:

Education: Charter Schools Misleading Pass Rates

Labour: NCEA results for charter schools have been massively overstated... In one case a school reported a 93.3 per cent pass rate when the facts show only 6.7 per cent of leavers achieved NCEA level two. More>>

ALSO:

Rebstock Report Resolution: SSC Apologises To Derek Leask And Nigel Fyfe

Following a complaint by Mr Leask, the Ombudsman found that the State Services Commission acted unreasonably in relation to Mr Leask and identified numerous deficiencies in the investigation process and in the publication of the final report and in the criticisms it contained of Mr Leask... More>>

ALSO:

International Rankings: Student Results 'Show More Resourcing Needed'

NZEI: New Zealand had only held relatively steady in international rankings in some areas because the average achievement for several other OECD countries had lowered the OECD average -- not because our student achievement has improved. More>>

ALSO:

Earlier:

Salvation Army Report: Beyond The Prison Gate Report

A new Salvation Army report says changes must be made to how prisoners re-enter society for New Zealanders to feel safe and secure in their homes and communities. More>>

ALSO:

Surprise Exit: Gordon Campbell On The Key Resignation

The resignation of John Key is one thing. The way that Key and his deputy Bill English have screwed the scrum on the leadership succession vote (due on December 12) is something else again. It remains to be seen whether the party caucus – ie, the ambitious likes of Steven Joyce, Judith Collins, Paula Bennett, and Amy Adams – will simply roll over... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news