the podcast on
Auckland Airport has cut its airline charges after the Commerce Commission found the airport鈥檚 forecast鈥痳evenue was 鈥渆xcessive鈥 and its targeted returns were unreasonably high.
In June, the commission said Auckland Airport鈥檚 revenue and targeted returns exceeded what was reasonable, but the airport鈥檚 planned investment seemed appropriate.
In its final report today, the regulator again said the airport鈥檚 forecast investment was within a reasonable range, but said its targeted returns were unreasonably high.
BARNZ Executive Director Cath O'Brien explains how this happened.
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