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...

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