Airplane dogfight coloring pages4/5/2024 And that’s what the Auckland Airport is saying. The former chair of the Australian Competition and Consumer Commission says: “I am constantly bewildered by parties simply saying there is nothing to see here and don’t look. Valuation would suffer, but we believe the impact would be modest, not significant.”Īirlines for Australia and New Zealand (A4ANZ), an industry lobby group, has entered the fray, chair Graeme Samuel venting about one of his least favourite airports which he labelled a “national disgrace” in 2018. “Lower RAB growth would lead to lower future aeronautical earnings and a lower RAB multiple. “A potential move to negotiate/arbitrate regulation would likely lower AIA’s capital development programme spend levels, and consequently slow its RAB growth outlook,” the analysts say. ![]() These include the negotiate/arbitrate regime wanted by the airlines. The ComCom would consider whether, in addition to information disclosure, other forms of regulation should be imposed on airports. These battle lines are familiar, barbs will be traded, but the bottom line is no matter what, the travelling public pays the cost.įorsyth Barr analysts Andy Bowley and Paul Koraua say the Air NZ action adds to the risk that the current favourable regulatory backdrop for airports changes in future. AIA says investment in infrastruture is essential to keep the country moving and in some cases airlines appear to have forgotten what they’ve already agreed to. Airports can set charges as they see fit. ![]() He raises the idea of the commission considering whether there’s a case for moving to a stronger regime and warns he will closely monitor the process.Īs airlines put it, airports set prices at will to fund infrastructure that isn’t always what is needed to operate planes (especially the ones each carrier flies), the big builds come in uneven waves and consultation isn’t working. He’s waiting for a Commerce Commission review of prices – which come close to trebling in some cases in the current five years – before any further action. He wants the airport to “constructively engage” with airlines. While he’s not rushing to launch an inquiry himself, he’s expressed concern about aeronautical charges at Auckland Airport (AIA) and later today will sit down with its boss, former Air New Zealander Carrie Hurihanganui, about them. That’s resulted in Commerce Minister Andrew Bayley getting involved. Pushing on an open door, Air New Zealand wrote a letter to the Government calling for an urgent change to the way the Commerce Act is applied. ![]() The latest dogfight between Air New Zealand (and other airlnes) and Auckland Airport has a familiar look about it but the Government’s interest in it gives it a whole new dimension.įorsyth Barr analysts says the regulatory risk to the airport has been elevated following Air NZ’s plea for a new approach to refereeing airport pricing was made public this week.Īir NZ (and others) accuse the airport of not listening to concerns about overspending and overcharging, familiar claims but the airlines are taking their fight to another level.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |