Regulator affirms view that Christchurch Airport prices too high, lack transparency

Wed, 12 Feb 2014

By Suze Metherell Feb. 13 (BusinessDesk) – Christchurch International Airport’s targeted returns over the next two decades are too high and its pricing lacks transparency, the Commerce Commission says, affirming an interim view published in October. New Zealand’s second-largest airport’s proposed pricing for 2012 to 2032 targets a return of 8.9 percent, above the 7.6 percent-to-8.5 percent range the regulator deems acceptable. Wellington International Airport and Auckland International Airport are also regulated under the Commerce Act, whi...

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