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- Release Date: 31/07/13 12:10
- Summary: GENERAL: AIA: AIAL Commerce Commission confirms AA prices acceptable
- Price Sensitive: No
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AIA
31/07/2013 10:10
GENERAL
REL: 1010 HRS Auckland International Airport Limited
GENERAL: AIA: AIAL Commerce Commission confirms AA prices 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."
Ends
For further information, please contact:
Simon Lambourne
+64 9 255 9089
+64 27 477 6120
End CA:00239133 For:AIA Type:GENERAL Time:2013-07-31 10:10:11
