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25 October 2019   ACI Asia-Pacific Commends Australia’s Productivity Commission

[October 25, 2019 – Hong Kong] Airports Council International (ACI) Asia-Pacific commends Australia’s Productivity Commission for reaching the conclusion in its inquiry on the economic regulation of airports that the existing light-handed economic regulation approach continues to be fit for purpose.

 

As the industry body representing airports in the region, ACI Asia-Pacific applauds the release of the Productivity Commission’s report as a significant step forward in assuring regulatory certainty and consistency. With airports now being sophisticated businesses in their own right, sufficient levels of investment and charges are essential prerequisites if they are to continue to deliver increased capacity, quality and connectivity. Therefore, it is in the best interest of all aviation stakeholders to adhere to the current light-handed form of economic oversight.

 

ACI’s position remains that any regulatory framework must facilitate and incentivise airport investment that drives connectivity, passenger service quality, and, ultimately, wider economic growth and job creation. 

 

It comes as no surprise that successive Australian governments and Productivity Commission reviews have endorsed the current regulatory approach, which encourages strong competition between airlines, resulting in international airfares falling in real terms.   

WBP Capability Database

Created with the objective to benefit both airports and World Business Partner members, the WBP Capability Database is a unique platform where WBP of ACI Asia-Pacific can showcase their expertise with examples of projects undertaken or in progress while airport members can input search criteria to look for potential business partners to accomplish their airport development projects. 

 

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