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Billie Moore: Airports Association CEO on the Commerce Commission's decision to rule out an airport regulation inquiry · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: The ComCom says it won't investigate sky high airport costs
• 0:04
  Speaker 1: despite pressure from airlines. Instead, it'll tighten rules next year
• 0:07
  Speaker 1: to better monitor big airport projects in New Zealand, as
• 0:10
  Speaker 1: you know, has publicly had beef about this. They say
• 0:13
  Speaker 1: fees have more than doubled in two years in Auckland,
• 0:15
  Speaker 1: could cost them half a billion bucks by twenty thirty two.
• 0:18
  Speaker 1: Billy Moore is New Zealand Airport's Association Chief executive. Billy
• 0:21
  Speaker 1: good morning, good morning. So you're not you're not off
• 0:25
  Speaker 1: scot free here the airports. So there is going to
• 0:27
  Speaker 1: be a bit more monitoring, a couple of changes made,
• 0:30
  Speaker 1: but no investigation.
• 0:32
  Speaker 2: Yeah, that's right. It's not a it's a constructive outcome
• 0:35
  Speaker 2: to work on the information disclosure of regime. But you
• 0:38
  Speaker 2: know it is all about balance in the system here
• 0:43
  Speaker 2: in New Zealand has made that claim as you have said.
• 0:46
  Speaker 2: But while they say they might pay half a billion
• 0:49
  Speaker 2: dollars in fees, look at New Zealand, Auckland is their
• 0:53
  Speaker 2: biggest hubs. Are also are protected to make from that
• 0:56
  Speaker 2: six point five billion dollars by twenty thirty two. So
• 1:00
  Speaker 2: while it might be one of their biggest costs that
• 1:02
  Speaker 2: they're managing. It's also one of the places where they
• 1:05
  Speaker 2: make the most money.
• 1:06
  Speaker 1: Why are you charging so much? Is it just because
• 1:08
  Speaker 1: you're doing the upgrades and once that's done things we
• 1:10
  Speaker 1: back to normal or what.
• 1:12
  Speaker 2: Auckland Airport's fees are about where most international airport fees sits.
• 1:17
  Speaker 2: They're not particularly high. They've been up maybe a dollar
• 1:21
  Speaker 2: fifty a year over the past few years, and some
• 1:25
  Speaker 2: of it is about stabilizing fees after them being extremely
• 1:31
  Speaker 2: low for about at least a decade.
• 1:33
  Speaker 1: That's right, Why would they low for a decade?
• 1:38
  Speaker 2: Well, it's taken a long time for Aucland Airport to
• 1:41
  Speaker 2: get its infrastructure build progressing, and part of the reasons
• 1:45
  Speaker 2: for that has been resistance from the airlines over that time,
• 1:48
  Speaker 2: trying to delay the build and reduce it, which means
• 1:50
  Speaker 2: that the costs now will be a little bit steeper
• 1:54
  Speaker 2: than they otherwise would have been a progress I've been
• 1:56
  Speaker 2: made earlier.
• 1:57
  Speaker 1: Appreciate your time, Billy Billy Moore, New Zealand Reports are
• 1:59
  Speaker 1: so Siation Chief Executive.
• 2:02
  Speaker 2: For more from early edition with Ryan Bridge.
• 2:04
  Speaker 1: Listen live to news talks it be from five am weekdays,
• 2:08
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