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

NZ stocks end flat as US Fed decision looms
Markets Market Close

NZ stocks end flat as US Fed decision looms

Market finishes slightly down as telco company Spark loses more ground.

Jamie Gray 12 Sep 2025
Locate Technologies plans to quit ASX for NZX
Markets

Locate Technologies plans to quit ASX for NZX

Bitcoin-favouring Locate Technologies eyes move to NZX's main board.

Staff reporters 12 Sep 2025
Vital takeover bid passes threshold at 11th hour
Markets

Vital takeover bid passes threshold at 11th hour

Tait International has secured acceptances to meet the 90% minimum condition for its Vital takeover less than a day before the offer was set to expire.Vital filed a substantial product holder (SPH) notice to the NZX on Friday morning, which showed Tait's stake lifted to 92.1%...

Gregor Thompson 12 Sep 2025
Tower again hikes FY underlying profit outlook
Markets

Tower again hikes FY underlying profit outlook

Insurer sees FY underling profit up as large events weigh less than expected     

Staff reporters 12 Sep 2025