AAA welcomes government response to Productivity Commission’s airports report

The Australian Airports Association (AAA) has welcomed the Federal Government’s response today to the Productivity Commission report on the economic regulation of airports.

AAA Chief Executive Officer Caroline Wilkie said the Government’s response endorsed the Commission’s key finding that the current regulatory approach remains fit for purpose.

She said the industry now looked forward to working with government and the ACCC on recommended improvements to the existing airport monitoring regime.

“Airports play an essential role in our community and the industry stands ready to continue its work with our partners to keep improving the passenger experience,” Ms Wilkie said.

“It is important the monitoring process has the opportunity to evolve to make sure we keep meeting the needs of our community over time. The recommended improvements will ensure the public has a clear view of how the monitored airports are listening to customer feedback and striving to deliver the best possible airport experience.”

Ms Wilkie said the government response would provide certainty as airports prepare for a sustained period of investment in customer experience enhancements and capacity building infrastructure.

“The Commission’s rigorous and independent analysis has confirmed our system is working well and airport investment is delivering benefits to the economy and community,” Ms Wilkie said.

“We are pleased to see the Government endorse the Commission’s findings, providing regulatory stability to support the $20.6 billion in airport investment that is planned over the next 10 years.

“This will ensure Australia’s airports can continue to build the necessary capacity, new facilities and services to support our economy and give passengers the best possible experience, greater choice and value for money.”

She said airports were focused on continuing to work in partnership with airlines to meet the needs of the travelling public.

“There is a great deal of opportunity ahead of us in the next decade and we must all work together to make the most of that for the benefit of all Australians.”

ENDS

 

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