Auckland airport pares aviation charges on ComCom advice

Auckland airport pares aviation charges on ComCom advice
Auckland airport is undergoing a massive upgrade, including new international and domestic terminal facilities (Image: AIA)
Pattrick Smellie
Auckland International Airport is lowering prices for aviation services, dropping some $150 million of anticipated revenue between 2022 and 2027, following a Commerce Commission finding that its proposed prices were too high.However, the competition regulator has met the airport partway on the Auckland gateway’s earlier proposal to target a weighted average cost of capital (WACC) of 8.73%.ComCom had initially concluded that the airport could legitimately target WACC of between 7.28% and 7.51% for the pricing period, known as PSE4, but rai...

More Markets

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Tourism Holdings stalls as NZ sharemarket ends week on high
Markets Market Close

Tourism Holdings stalls as NZ sharemarket ends week on high

The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.

Tom Raynel 04 Jul 2025
Forsyth Barr shifts Turners Automotive to neutral
Markets

Forsyth Barr shifts Turners Automotive to neutral

The company has delivered five consecutive years of record earnings.

Rebecca Howard 04 Jul 2025
Vital board backs Tait takeover
Markets

Vital board backs Tait takeover

Vital’s board has unanimously recommended that shareholders and option holders accept a full takeover offer from Tait Communications, despite their view that it undervalues the company.In May, Vital shares rallied after it disclosed that Tait, a Christchurch-based critical commun...

Gregor Thompson 04 Jul 2025