Fiji Airways, the Pacific nation’s national airline, will launch direct flights between Wellington and Nadi from June next year as it looks to extend its reach into New Zealand latching on to increased travel to Fiji, while also providing new routes into North America. The Nadi-based airline will run the twice-weekly service all year round, flying on Thursday and Sunday …
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Wellington Airport says regulator’s report flawed
Wellington International Airport, which is co-owned by Infratil and Wellington City Council, denies it’s extracting excessive profits and says the Commerce Commission has used a flawed model in assessing the transport hub’s returns. easy ways to make money The airport’s effective rate of return is 8.1 percent, within the regulator’s tolerance and has cheaper passenger landing charges than Auckland and …
Read More »Wellington Airport extracting ‘excessive profits’, regulator says
Wellington International Airport, which is co-owned by Infratil and Wellington City Council, is extracting excessive profits by targeting higher returns than it should, according to the Commerce Commission. The transport hub is likely to recover between $38 million and $69 million more than it needs to for a reasonable return between 2012 and 2017, the antitrust regulator said in a …
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