Airports Association welcomes Commerce Commission finding

30 June 2015

MEDIA RELEASE

Airports Association welcomes Commerce Commission finding on Wellington Airport pricing

Today’s release by the Commerce Commission of its final report into pricing at Wellington Airport is another tick for the economic regulation of the major airports, said Kevin Ward, Chief Executive of the New Zealand Airports Association (NZ Airports).

The Commission’s report found the airport’s pricing is acceptable and welcomed the airport’s positive engagement through information disclosure regulation.

The airport’s aeronautical charges are in place until March 2019. Over that period the airport will hold the average price per passenger while delivering major improvements for passengers and airlines.

“In detailed analyses over the last two years the Commission has found the current charges at all three major airports are acceptable. Airports are committed to setting charges fairly, openly, and with a view to maintaining the essential infrastructure on which tourism, travel and trade depend, said Mr Ward.

“A full round of information disclosure by the airports and analysis by the Commission has been completed, and airport responsiveness to the Commission’s views has been thoroughly demonstrated.

“Information disclosure for airports is proving its effectiveness, and rapidly maturing as an effective regulatory regime for the long term,” said Mr Ward.

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