The Australian Competition and Consumer Commission today issued Airports price monitoring and financial report 2005-06 which reports on the prices charged by Adelaide, Brisbane, Canberra, Darwin, Melbourne, Perth and Sydney airports.
It shows that prices airlines pay Australia's major airports for aeronautical services such as use of runways and passenger processing facilities have continued to increase.
At most airports increases ranged from 1.2 per cent to 12 per cent, while Canberra prices fell by 1.1 per cent. Adelaide airport reported an average price increase of 49 per cent after it began operations at the new Terminal 1 and introduced new Passenger Facilitation Charges for domestic, international and regional passengers. This significantly influenced the increase in aeronautical revenue at Adelaide airport.
"This year's report shows that prices have continued to increase in 2005-06 although to a lesser extent than those increases experienced in previous years," ACCC Chairman, Mr Graeme Samuel, said.
"The ACCC report shows that total aeronautical airport costs have risen between 2002-03 and 2005-06, with greater security requirements at airports since September 11 2001 being a significant cost driver.
"Despite these significant increases in aeronautical costs, most airports have reported increases in aeronautical revenue sufficient to allow aeronautical profitability to rise substantially."
The table shows the percentage change in key indicators including, passenger volumes, total aeronautical revenue, aeronautical operating revenue and expenses per passenger for all airports. The first of the percentage increases represents the change in 2005–06; the second represents the change since price monitoring began.
|
Passengers |
Total aeronautical revenue |
Aeronautical operating revenue per passenger (adjusted)* |
Aeronautical operating expenses per passenger |
|||||
|---|---|---|---|---|---|---|---|---|
|
|
2005-06 |
Since 2002 |
2005-06 |
Since 2002 |
2005-06 |
Since 2002 |
2005-06 |
Since 2002 |
|
|
7.5% |
39% |
48% |
290% |
49% |
162% |
69% |
66% |
|
|
3.3% |
33% |
11% |
112% |
7.4% |
59% |
4.7% |
15% |
|
|
2.9% |
40% |
1.8% |
76% |
-1.1% |
25% |
9.0% |
-3.5% |
|
|
4.0% |
33% |
16% |
136% |
12% |
78% |
-1.3% |
18% |
|
|
3.1% |
30% |
5.3% |
120% |
1.2% |
39% |
3.2% |
4.6% |
|
|
7.3% |
48% |
13% |
179% |
5.7% |
73% |
5.9% |
28% |
|
|
2.5% |
22% |
6.9% |
47% |
4.3% |
21% |
7.5% |
-7.4% |
"The revenues that price monitored airports generated from related services also increased. Aeronautical-related revenue, which predominantly consists of revenue sourced from car parking services, increased at all airports by between 7.2 per cent and 20 per cent in 2005–06. Although direct aeronautical–related costs also increased significantly this year, the increase in the margin for aeronautical-related services ranged between 9 per cent and 25 per cent."