'Blatant profiteering': Qantas accuses airports of fee gouging
Consumers are paying the price for “blatant profiteering” by the nation’s airports, according to Qantas, which says their world-leading fees and earnings are proof new rules are needed to stop them abusing their monopoly positions. The airline has told a Productivity Commission inquiry that current regulation is failing to stop airports from "gouging" airlines on the fees they charge to use their runways, terminals and other infrastructure. "Lack of effective regulation has opened the door to blatant profiteering," Qantas' group executive for govt and regulatory affairs, Andrew Parker, said. Qantas' submission to the inquiry into airport regulation says that while it had cut its own operating costs by 4% (excluding fuel) since 2015, the fees it paid to airports had risen 6.5% in real terms. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-09-13/oneworld/blatant-profiteering-qantas-accuses-airports-of-fee-gouging
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'Blatant profiteering': Qantas accuses airports of fee gouging
Consumers are paying the price for “blatant profiteering” by the nation’s airports, according to Qantas, which says their world-leading fees and earnings are proof new rules are needed to stop them abusing their monopoly positions. The airline has told a Productivity Commission inquiry that current regulation is failing to stop airports from "gouging" airlines on the fees they charge to use their runways, terminals and other infrastructure. "Lack of effective regulation has opened the door to blatant profiteering," Qantas' group executive for govt and regulatory affairs, Andrew Parker, said. Qantas' submission to the inquiry into airport regulation says that while it had cut its own operating costs by 4% (excluding fuel) since 2015, the fees it paid to airports had risen 6.5% in real terms. <br/>
