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Greg Foran: Air NZ CEO on the Commerce Commission investigation into Auckland Airport's charges
Air New Zealand's Chief Executive claims Auckland Airport's planned high charges for airlines is just a symptom of a larger issue.\xa0
A Commerce Commission draft investigation has found the targeted returns from airlines, are in excess of what's reasonable.\xa0
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.\xa0
Greg Foran told Mike Hosking the investigation is a good start but it's time something changed.\xa0
He says the regulation isn't set at the right level and globally airlines are also finding the same issue.\xa0
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