Greg Foran: Air NZ CEO on the Commerce Commission investigation into Auckland Airport's charges
The Mike Hosking Breakfast · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Air New Zealand's Chief Executive claims Auckland Airport's planned high charges for airlines is just a symptom of a larger issue.
A Commerce Commission draft investigation has found the targeted returns from airlines, are in excess of what's reasonable.
Air New Zealand warns travellers would bear much of that cost at a time where Consumer NZ finds the airline's fares have soared up to 300% in the last five years.
Greg Foran told Mike Hosking the investigation is a good start but it's time something changed.
He says the regulation isn't set at the right level and globally airlines are also finding the same issue.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.