1
00:00:00,200 --> 00:00:02,720
Speaker 1: The Commerce Commission has announced it will not undertake a

2
00:00:02,759 --> 00:00:05,400
Speaker 1: formal review of airport fees. Air New Zealand has asked

3
00:00:05,440 --> 00:00:08,479
Speaker 1: the ComCom to review if what the airport was charging

4
00:00:08,480 --> 00:00:11,480
Speaker 1: the airlines was out of control. Christy MacKaye is the

5
00:00:11,480 --> 00:00:15,000
Speaker 1: head of regulatory affairs for Air New Zealand. Hi Christy, Hi, Heather,

6
00:00:15,200 --> 00:00:17,000
Speaker 1: are you disappointed or were you expecting this?

7
00:00:18,880 --> 00:00:24,320
Speaker 2: We were actually pleasantly surprised and happy with what the

8
00:00:24,520 --> 00:00:28,560
Speaker 2: Commerce Commission have Seeds. We think it confirms what we've

9
00:00:28,600 --> 00:00:33,080
Speaker 2: been saying for several years now, that these costs are

10
00:00:33,120 --> 00:00:36,239
Speaker 2: being locked into the system without any oversight.

11
00:00:36,960 --> 00:00:39,640
Speaker 1: Okay, so what part I mean? Because they've basically declined

12
00:00:39,720 --> 00:00:41,319
Speaker 1: to do the review that you want, So what part

13
00:00:41,360 --> 00:00:42,120
Speaker 1: are you happy about?

14
00:00:43,200 --> 00:00:48,000
Speaker 2: They have said that the inquiry can't really be done

15
00:00:48,280 --> 00:00:52,040
Speaker 2: on the legislation as it stands, so they've put it

16
00:00:52,120 --> 00:00:54,760
Speaker 2: back to the government and said for us to be

17
00:00:54,800 --> 00:00:57,000
Speaker 2: able to do the work that we would need to do,

18
00:00:58,200 --> 00:01:00,520
Speaker 2: there are some small changes that need to be made.

19
00:01:00,600 --> 00:01:02,920
Speaker 1: Basically, yes, and so what are you happy about?

20
00:01:04,160 --> 00:01:09,280
Speaker 2: We think it's good that two independent voices have now

21
00:01:09,880 --> 00:01:12,760
Speaker 2: come out in the past few months and seeds that

22
00:01:12,800 --> 00:01:15,639
Speaker 2: there is a problem This is something we've been saying

23
00:01:15,720 --> 00:01:18,760
Speaker 2: for over twenty years. So it's good that at least

24
00:01:18,840 --> 00:01:22,160
Speaker 2: they're acknowledging there's a problem. We don't we're not closer

25
00:01:22,200 --> 00:01:25,080
Speaker 2: to a solution, but you know, in our world we

26
00:01:25,160 --> 00:01:26,600
Speaker 2: still take the wins where we can.

27
00:01:26,680 --> 00:01:29,680
Speaker 1: How but do you think the problem is well.

28
00:01:29,480 --> 00:01:33,880
Speaker 2: We think it's potentially twenty billion dollar problem once you

29
00:01:34,520 --> 00:01:38,119
Speaker 2: look at what Auckland are planning to spend. And as

30
00:01:38,160 --> 00:01:40,760
Speaker 2: the Commission said in their report today, they don't really

31
00:01:40,800 --> 00:01:44,680
Speaker 2: have the tools to look at something that's that big,

32
00:01:44,800 --> 00:01:49,280
Speaker 2: that's across so many years, so that's it could be

33
00:01:49,320 --> 00:01:50,640
Speaker 2: bigger than twenty billion dollars.

34
00:01:50,680 --> 00:01:53,200
Speaker 1: Of course, twenty billion dollars of war period of time.

35
00:01:53,920 --> 00:01:56,280
Speaker 2: Out to twenty forty three, so.

36
00:01:56,240 --> 00:01:58,280
Speaker 1: That's what like twenty years basically, So it's a billion

37
00:01:58,280 --> 00:01:58,920
Speaker 1: dollars a year?

38
00:01:59,680 --> 00:02:00,400
Speaker 2: Yes, And is that?

39
00:02:00,520 --> 00:02:02,320
Speaker 1: Is that a billion dollars on top of the airfares?

40
00:02:02,360 --> 00:02:02,440
Speaker 2: Like?

41
00:02:02,720 --> 00:02:05,200
Speaker 1: Is that them? Is that the price increase on top

42
00:02:05,240 --> 00:02:06,160
Speaker 1: of existing airfares?

43
00:02:07,000 --> 00:02:08,800
Speaker 2: So I don't know if you want me to get

44
00:02:08,880 --> 00:02:15,680
Speaker 2: into I do airport relation, but basically the regulated airports

45
00:02:15,760 --> 00:02:19,720
Speaker 2: have their asset base, and they take the total size

46
00:02:19,760 --> 00:02:22,880
Speaker 2: of the asset base and then they add a bit

47
00:02:22,919 --> 00:02:25,960
Speaker 2: of interest on top and then divide it by the

48
00:02:26,080 --> 00:02:29,280
Speaker 2: number of passengers and then you get your per passenger cost.

49
00:02:29,720 --> 00:02:32,760
Speaker 2: So the bigger your asset base, the more you can

50
00:02:33,000 --> 00:02:34,200
Speaker 2: pass on to passengers.

51
00:02:34,360 --> 00:02:36,320
Speaker 1: I see what you're doing there. Yeah, okay, what's the

52
00:02:36,360 --> 00:02:36,760
Speaker 1: game plan?

53
00:02:36,840 --> 00:02:36,960
Speaker 2: Now?

54
00:02:36,960 --> 00:02:38,240
Speaker 1: Are you just going to accept it? Are you going

55
00:02:38,280 --> 00:02:40,960
Speaker 1: to keep lobbying for some sort of regulation.

56
00:02:42,440 --> 00:02:46,280
Speaker 2: We want what's best for Kiwi travelers, which is that

57
00:02:46,760 --> 00:02:51,079
Speaker 2: the government can have better oversight of what exactly airports

58
00:02:51,120 --> 00:02:54,800
Speaker 2: are spending because it's the Kiwi travelers that pay.

59
00:02:55,160 --> 00:02:57,440
Speaker 1: Okay, now, is Greeg still around?

60
00:02:58,560 --> 00:03:00,480
Speaker 2: He is? He's actually on holiday the moment.

61
00:03:01,080 --> 00:03:01,840
Speaker 1: When's he leaving?

62
00:03:03,200 --> 00:03:05,160
Speaker 2: When is he leaving two more weeks?

63
00:03:05,200 --> 00:03:08,680
Speaker 1: So he's on holiday. He's on holiday two weeks before he.

64
00:03:08,720 --> 00:03:11,880
Speaker 2: Leaves at school holidays here, No, it's not.

65
00:03:12,320 --> 00:03:14,840
Speaker 1: It was school holidays last week. Today's the first day

66
00:03:14,880 --> 00:03:17,280
Speaker 1: they went went back to We're all very grateful for that.

67
00:03:17,280 --> 00:03:17,959
Speaker 1: That's how we know it.

68
00:03:18,200 --> 00:03:22,000
Speaker 2: Yes, yes, I mean on my I can't comment on

69
00:03:22,000 --> 00:03:22,600
Speaker 2: my boss.

70
00:03:22,600 --> 00:03:24,880
Speaker 1: Worry about it. He's not your boss for much longer.

71
00:03:24,919 --> 00:03:27,200
Speaker 1: So let's just smack talk him right now. Did you

72
00:03:27,240 --> 00:03:30,440
Speaker 1: go to his leaving party. Yes, I did now, Christy.

73
00:03:30,639 --> 00:03:33,640
Speaker 1: I heard that the leaving party was booze free because

74
00:03:33,639 --> 00:03:34,400
Speaker 1: it was in a hangar.

75
00:03:35,280 --> 00:03:38,360
Speaker 2: Yes, is that true? That's right? Yes, all of our

76
00:03:39,280 --> 00:03:42,040
Speaker 2: all of our work sites are dry.

77
00:03:43,120 --> 00:03:46,280
Speaker 1: Christy, that just sucks so badly. How how how much

78
00:03:46,320 --> 00:03:47,520
Speaker 1: did his leaving party?

79
00:03:47,680 --> 00:03:51,840
Speaker 2: So it was a wonderful, wonderful event?

80
00:03:52,640 --> 00:03:55,120
Speaker 1: But like, how fast were you wanting to get out

81
00:03:55,160 --> 00:03:57,680
Speaker 1: of the Yeah, there wasn't a dry eye, but there

82
00:03:57,720 --> 00:03:59,800
Speaker 1: was a dry glass? How fast did you want to

83
00:03:59,800 --> 00:04:01,560
Speaker 1: get out of there? Because it was so I.

84
00:04:01,720 --> 00:04:04,000
Speaker 2: Was happy to be it was quite cold because it's

85
00:04:04,000 --> 00:04:06,320
Speaker 2: in the hangout. It was a wonderful tribute.

86
00:04:06,400 --> 00:04:09,200
Speaker 1: Whoever's running your events needs you need to go to

87
00:04:09,240 --> 00:04:11,240
Speaker 1: them and you need to say to them next time

88
00:04:11,760 --> 00:04:14,720
Speaker 1: in a warm place with drinks. And that's the solution,

89
00:04:14,840 --> 00:04:15,320
Speaker 1: am I right?

90
00:04:16,080 --> 00:04:17,520
Speaker 2: Okay, thanks, I'll pass that on.

91
00:04:17,920 --> 00:04:20,440
Speaker 1: Yeah, I'm sure you will, Christy, Thanks very much. Christy

92
00:04:20,520 --> 00:04:23,960
Speaker 1: mckaye in New Zealand, Head of Regulatory Affairs O Greg

93
00:04:24,000 --> 00:04:26,680
Speaker 1: got ripped off at the end, didn't he ripped? No

94
00:04:26,720 --> 00:04:28,680
Speaker 1: one has a good time completely sober?

95
00:04:28,720 --> 00:04:28,920
Speaker 2: Do that?

96
00:04:29,000 --> 00:04:31,600
Speaker 1: I mean? I'm not I'm not advocating alcoholism, but just

97
00:04:31,640 --> 00:04:33,960
Speaker 1: a couple to lubricate conversations, you know what I mean.

98
00:04:34,520 --> 00:04:37,680
Speaker 1: For more from Hither duplessy Alan Drive, listen live to

99
00:04:37,800 --> 00:04:40,839
Speaker 1: news talks it'd be from four pm weekdays, or follow

100
00:04:40,839 --> 00:04:42,640
Speaker 1: the podcast on iHeartRadio