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

 

ACCC Code-Share Decision: Wellington Airport

MEDIA RELEASE
3 November 2006

ACCC CODE-SHARE DECISION: WELLINGTON AIRPORT APPEALS FOR EQUAL CONSIDERATION OF NEW ZEALANDERS’ INTERESTS

Today’s decision by the ACCC to reject Qantas’s and Air New Zealand’s proposal for a Tasman code-share demonstrates just how the “cartel” would harm competition and consumers.

The Australian independent regulator has found through a thorough examination of proposals put forward by the airlines that such an arrangement would be detrimental to Australian Tasman travellers.

Wellington Airport is hopeful that the New Zealand Ministry of Transport applies the same sort of independent and expert scrutiny in its examination of the airlines’ proposal.

“It is imperative that the New Zealand Government equally protects its citizens by putting their welfare above that of the commercial interests of the two airlines,” said Simon Draper, CEO.

The impact on competition and consumers would be greater in New Zealand, especially in Wellington. This has been made clear by independent expert economic submissions.

“There is no reason why the Government should not decline the Tasman code-share application and end this matter once and for all,” concluded Simon Draper.

ENDS

Issued by: Wellington International Airport Limited

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 



The Download Weekly: Vodafone FibreX back in court

Vodafone and the Commerce Commission head back to court over FibreX in a week the TCF issues broadband marketing codes that should avoid similar problems in the future... More>>


NIWA: Tonga Eruption Discoveries Defy Expectations
New findings from the record-breaking Tongan volcanic eruption are “surprising and unexpected”, say scientists from New Zealand’s National Institute for Water and Atmospheric Research (NIWA)... More>>


Commerce Commission: Appeals Record $2.25m Fine In Vodafone FibreX Case

The Commerce Commission has filed an appeal in the High Court against a record $2.25 million fine imposed on Vodafone NZ Limited (Vodafone) for its offending under the Fair Trading Act during its FibreX advertising campaign. While the sentence imposed in the Auckland District Court on April 14 was the largest-ever fine under the Fair Trading Act, the Commission will argue that it is manifestly inadequate... More>>

Stats: Quiet Start For Retail In 2022
The volume of retail sales was relatively unchanged in the March 2022 quarter, following a strong increase in the December 2021 quarter, Stats NZ said today... More>>



Finder: RBNZ Survey: 64% Of Experts Say Rising Inflation Will Push More Kiwis Into Debt

Soaring inflation and cost of living pressures will see many households pushed to the financial limit, according to experts... More>>



Barfoot & Thompson: Rents Up By Around 3% In Most Areas

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties... More>>