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Auckland Airport welcomes regulator’s decision that an airport investigation was not necessary

Auckland International Airport welcomed on Monday the New Zealand Commerce Commission’s decision to not launch an official inquiry into airport regulations as Air New Zealand requested.

In 2024, the country's flagship airline had called for an investigation, expressing concerns about Auckland Airport's plans to redevelop and its proposal that it partially fund the project by increasing airline charges. It also argued that the airport's price framework was not subject to sufficient regulatory oversight.

The competition regulator announced on Monday that it concluded such a move would be unnecessary and add to costs for the sector.

The airport operator has launched a 10-year NZ$5.7bn ($3.31bn) infrastructure programme to boost capacity and improve customer experience.

Air New Zealand's claims regarding the future cost of infrastructure are speculative. Carrie Hurihanganui, Chief Executive Officer of Auckland Airport, said that they have relied on conjecture in order to place a price on our draft Master Plan. ($1 = 1.7245 New Zealand dollars) Reporting by Roshan Thomsen in Bengaluru, Editing by Cynthia Osterman & Diane Craft

(source: Reuters)