The Australian Competition and Consumer Commission will not object to increases in aeronautical charges to fund a range of new investments at Brisbane Airport. This brings the total new investment approved at Brisbane Airport to around $47 million. The increases will affect landing charges and charges for the use of the international and domestic terminals, and are expected to add approximately $2.80 to a return international airfare and around 30 cents to a domestic return airfare.
"Brisbane Airport is to be commended for its consultative approach to new investment", the ACCC Commissioner responsible for airports, Mr John Martin, said today.
"BACL has brought forward a range of projects which will improve efficiency and provide benefits to passengers. BACL worked extensively with airlines in developing the proposal, through the formation of an ongoing Project Control Group, to agree and oversee new developments. As a result, the proposal received strong endorsement from all major airport users.
"A positive consequence of this approach is that it has enabled the ACCC to streamline its usual approval processes. After further consultation with stakeholders, the ACCC has gone directly to a final decision on the matter rather than issuing a draft.
"The ACCC expects other regulated airports to work as closely with airlines to achieve mutually beneficial outcomes".