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Proposed Auckland Airport charges labelled 'too high' by CommComm

Author
Newstalk ZB,
Publish Date
Wed, 17 Jul 2024, 7:44pm
Photo / Getty Images
Photo / Getty Images

Proposed Auckland Airport charges labelled 'too high' by CommComm

Author
Newstalk ZB,
Publish Date
Wed, 17 Jul 2024, 7:44pm

The Commerce Commission says Auckland Airport’s proposed charge increases to fund infrastructure are 'too high'.

In a statement released this morning, the commission said the five year pricing path is not reasonable and the airport was on track for an excess profit of $200m.

Air New Zealand Airports Association CEO Billie Moore says the airport will have to undergo an additional consultation process before the next report is finalised.

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