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


Report confirms Auckland Airport prices are acceptable

Commerce Commission confirms Auckland Airport prices are acceptable and regulatory regime is effective.

Auckland Airport says today's final report by the Commerce Commission shows that its international and domestic charges are acceptable, and that New Zealand's information disclosure regime for airports is effective.

Adrian Littlewood, Chief Executive, says, "the Commerce Commission’s final report confirms that our charges represent a fair deal for both airlines and the travelling public, and that our charges provide an acceptable return on the significant investment we are making in essential long-term infrastructure. The Commission has also confirmed that we are innovative and focused on delivering service quality and efficiency.”

"International benchmarking clearly shows that the total charges to operate at Auckland Airport are 'middle of the pack' compared with our peers, and domestically they are below the average for airports in this region."

Mr Littlewood says, "the Commerce Commission's final report is also evidence that New Zealand's information disclosure regime is working, and that Auckland Airport operates transparently and constructively. The Commission has recognised that we have made a number of positive changes to our historic approach to price setting during the short time information disclosure regulation has been in place.”

"The government and the tourism industry have invested significant resources to improve New Zealand’s ability to capture the growing international tourism market. Today's final report shows that Auckland Airport is playing its part to achieve that goal.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>


Economy: Supply Chain On Brink Of Overload Says National Road Carriers

The New Zealand supply chain is on the brink of overload and it looks like the upcoming peak imports season may push it over the edge says National Road Carriers Association (NRC) CEO David Aitken. “Worldwide supply chains are in disarray,” says Mr Aitken. ... More>>

Retail: Supermarkets Announced As Government’s Second Market Study

The Government has today launched a market study to ensure New Zealanders are paying a fair price for groceries. More>>


Statistics New Zealand: Retail Sales Recover In The September 2020 Quarter

Retail sales values recorded the largest September quarter rise since the series began in 1995, Stats NZ said today. Spending on major household items, vehicles, and groceries contributed to the strong 7.4 percent ($1.8 billion) rise in total ... More>>

Kea Aerospace: New Zealand Flies Into The Stratosphere

Development has started on a solar-powered, unmanned aircraft that can fly in the stratosphere continuously for months at a time. The zero-emission aircraft will carry a suite of imagery equipment that will be game-changing for many industries, vastly ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>


Forest & Bird: Kākāpō Wins Bird Of The Year 2020

The nation has voted and Aotearoa New Zealand has a new Bird of the Year. New Zealand’s moss-colored flightless parrot has climbed to the top-spot for the second time in Forest & Bird’s annual Te Manu Rongonui o Te Tau/Bird of the Year competition. ... More>>