Greg Foran: Air NZ CEO on the Commerce Commission investigation into Auckland Airport's charges
The Mike Hosking Breakfast - A podcast by Newstalk ZB
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.