Wellington Airport results show pricing regime working

MEDIA RELEASE

Airports: Wellington Airport’s latest results show airport pricing regime working

New Zealand Airports Association Chief Executive Kevin Ward said Wellington Airport’s latest performance results show that the Commerce Commission information disclosure regime is working.

The figures show the airport latest return of 6.2% is well within Commerce Commission guideline of 8%.

“New Zealand’s airports offer exceptional value to travellers with airport charges for domestic flights, per passenger, at just a third to a half of comparable Australian charges.”

“Landing charges and fees paid to airports for international flights are also excellent value. The average cost per passenger on an Airbus A320 for all New Zealand international airports is $17.67, compared to the overseas average of $22.64 across 13 representative overseas airports. The results for other aircraft types are similar.

“The regulatory regime for airports is the right one for New Zealand, and will ensure air travellers continue to get great value from our airports.

“It’s an open and transparent process giving the public assurance that we’re getting the balance right between investment in infrastructure, quality of service to travellers, and charges,” said Mr Ward.

ENDS

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