25-Feb-2020 8:11 AM
A4ANZ: Productivity Commission investigation into Australian airports 'had no impact'
Airlines for Australia & New Zealand (A4ANZ) chairman professor Graeme Samuel reported (24-Feb-2020) Australia's Productivity Commission inquiry into Australia's airports "had no impact, with travellers left to wear the costs of the airports' monopoly behaviours". Mr Samuel reported behaviours include:
- Car parking charges where more than AUD0.68 (USD0.45) in every AUD1 (USD0.66) represent profit to the airport;
- Significant growth in charges for landside access services, such as taxis, rideshare operators and buses, with revenue growth of 159% over a decade;
- Sydney Airport recording its highest returns since privatisation, despite a drop in domestic passengers.
Mr Samuel stated: "The fact remains that there is no other monopoly infrastructure in Australia which is exempt from processes to protect consumers against the exercise of market power". [more - original PR]