Airlines say Auckland Airport should stop using them and passengers as a bank and instead start using shareholder dividends for its $1.8 billion building programme.

The Board of Airline Representatives said the airport was undertaking the biggest building programme in its history, yet shareholders were not being asked to make any contribution by forgoing dividends.

The Commerce Commission today has highlighted pricing for airlines and says it is concerned the airport is planning to make excessive profits on its regulated assets.

Continue to the full article   ||  April 26, 2018   |||