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Greg Foran: Air New Zealand Chief Executive warns Auckland Airport's development costs will be passed onto consumers

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Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Turbulence in Air New Zealand's relationship with Auckland Airport.

The airline is asking Commerce Minister Andrew Bayly to look into the Airport's development spending, concerned it will drive up airfares.

CEO Greg Foran says its plan doesn't deliver a new runway, or improve capacity.

He says Air New Zealand wants investment going into the airport, but they also want costs kept down.

"There hasn't bee a lot of capital invested at the airport, we can all see that we've sweated the asset for a long time. But that doesn't mean you want to go from the lowest prices to one of the highest prices."

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5843 episoade

Artwork
iconDistribuie
 
Manage episode 402077378 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Turbulence in Air New Zealand's relationship with Auckland Airport.

The airline is asking Commerce Minister Andrew Bayly to look into the Airport's development spending, concerned it will drive up airfares.

CEO Greg Foran says its plan doesn't deliver a new runway, or improve capacity.

He says Air New Zealand wants investment going into the airport, but they also want costs kept down.

"There hasn't bee a lot of capital invested at the airport, we can all see that we've sweated the asset for a long time. But that doesn't mean you want to go from the lowest prices to one of the highest prices."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

5843 episoade

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