Commerce Commission Review of Price Setting Event 4 – Auckland Airport
29 August 2024
LGNZ welcomes the opportunity to submit on the Commerce Commission’s Review of Price Setting Event 4 – Auckland Airport. Ensuring people are able to travel around the country safely and affordably is crucial for maintaining thriving communities, and therefore of significant interest to local government.
LGNZ appreciates the need for investment in New Zealand’s largest airport. However, we are concerned that the excess profits identified in the review will result in unreasonable increases to already-high ticket prices, as well as potentially posing a threat to the viability of smaller carriers, which provide crucial competition in a small aviation market.