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 Gaza And Burning The Israeli Flag

One of the selling points in New Zealand’s campaign for a temporary seat on the Security Council is that we have a pluckily independent voice to offer on international conflicts.

This image is not entirely self-delusional. When we did occupy a temporary UN Security Council seat in the 1990s, New Zealand was forthright about the need for the international community to actively respond to the Rwanda genocide. On April 14, 1994, New Zealand, Nigeria and the Czech Republic were the only nations to call for a forceful UN intervention to halt the killings. It was a proud moment in the diplomatic record of the Bolger government.

What then, is the current National government doing with respect to the slaughter in Gaza? More>>

 

Parliament Today:

TAIC Report: Urgent Recommendations After Melling Rail Accident

The Transport Accident Investigation Commission has made four urgent recommendations to KiwiRail following the accident two months ago (27 May) when a Matangi passenger train collided with a stop block at Melling Station, Lower Hutt. More>>

ALSO:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Spending Questions: Claudette Hauiti To Step Aside At Election

National Party President Peter Goodfellow confirms that he has received notification from List MP Claudette Hauiti that she plans to step aside at the 20 September election. More>>

ALSO:

EPA: Board Of Inquiry Rejects Basin Flyover By Majority Of 3 To 1

The independent Board of Inquiry delegated to decide on the Basin Bridge Proposal has, by a majority decision (3 to 1), cancelled the Transport Agency’s Notice of Requirement and declined its resource consent applications for the construction, operation and maintenance of a flyover on State Highway 1 in Wellington City... More>>

ALSO:

Gordon Campbell: On The Non-Apology To Tania Billingsley

The refusal by Prime Minister John Key to issue a personal apology to Tania Billingsley has been accompanied by an array of excuses... Yesterday though, Key’s choice of words indicated that an apology was the last thing on his mind. More>>

ALSO:

Conventions: Winston Peters On The Nation

Winston Peters opens door to standing in East Coast Bays electorate, says it's an "exciting point" and he's thinking about it. "I’ve had a whole lot of people writing to me and calling up and saying ‘why don’t you have a go in East Coast Bays’." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news