UPDATE: Auckland airport optimistic it can convince Comcom on its profit path

Wed, 25 Apr 2018

(Adds Auckland Airport CFO comment, updates share price) By Pattrick Smellie April 26 (BusinessDesk) - The Commerce Commission is concerned Auckland International Airport is planning to make excessive profits on its regulated assets, but the country's largest airport says it's optimistic it can convince the regulator that its plans to earn returns above a target benchmark will be successful. The airport is arguing its risk profile has changed as it enters an extended period of major new capital developments. But in an initial findin...

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