ComCom concerned about Christchurch Airport planned profits on some services

Wed, 18 Jul 2018

By Sophie Boot July 19 (BusinessDesk) - The Commerce Commission says Christchurch International Airport may be planning to make excessive profits from security, freight storage, and some terminal lounges, though it's "broadly satisfied" with its planned earnings from most of its assets. In an initial finding published this morning, the competition regulator said the airport is not targeting excessive profits on the majority of its regulated services for the period July 1, 2017 to June 30, 2022, with the airport targeting a total return on...

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