Wellington Airport returns through 2019 within acceptable range, regulator confirms

Mon, 29 Jun 2015

By Jonathan Underhill June 30 (BusinessDesk) - Wellington International Airport's revised landing fees mean the gateway's returns fall within an acceptable range, the Commerce Commission has confirmed. The airport company owned by Wellington City Council and Infratil revised its landing fees after the commission previously found it was targeting excessive profits. "As noted in the draft report released in April, the commission’s analysis estimates WIAL has set its prices targeting a return of 8.4 percent, which is just within the upper...

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