"Fees and charges from monopoly airports are excessive and they are damaging the economy. And airports continue to reap super profits because there is no real threat of intervention to moderate their behaviour," Mr Joyce said.
"This has created a lopsided outcome that is bad for the travelling public, bad for the country and bad for the economy," he said. The association also said an arbitration system would put investment on hold, making it harder for new airlines to enter the market and challenge the major players. Australian Airports Association chief executive Caroline Wilkie said airlines want to entrench their own position and make it harder for other airlines to compete.
Australian Competition and Consumer Commission chairman Rod Sims - who has previously described airports as unregulated monopolies, has warned that if they continue to be unregulated consumers will lose.
Fees+charges made by virtual monopolist Alan Joyce & QANTAS rip off the public. $24M for Joyce? That’s not ripping off customers is it? Lived 30 years in the Northern Territory (the NT letters in QANTAS) & we get ripped off more than anywhere else. No cheap fares in the bush!
airports are a pain in the ass period -- many things need fixing
Excessive prices on airline tickets due to excessive salaries for their CEO’s. Pot calling the kettle black
Airports should never have been sold to Private interests.
the airport boss is only trying to catch up to your salary....what about you sharing with them and they can reduce the charge to help the average joe in the street...by the way please tell me what you do with $2m per month only so many pizzas you can order...
Bosses on 23.5 million salary complaining about economic damage, what is 2+2=? I heard it’s 3 🤔
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