Auckland Airport’s 8 percent expected returns 'reasonable', regulator says

Auckland Airport’s 8 percent expected returns 'reasonable', regulator says
By Paul McBeth April 30 (BusinessDesk) - Auckland International Airport, the country's main gateway, isn't profiteering and is a expecting reasonable return over the coming four years, according to the antitrust regulator. The airport has an expected annual return of 8 percent over the 2013-2017 pricing period, at the top end of the Commerce Commission's estimated range for a reasonable return of between 7.1 percent and 8 percent, the regulator said in a statement. The commission today released its draft report on the effectiveness of info...