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Regionals win fee cap at Sydney Airport

written by australianaviation.com.au | June 3, 2010
A Rex Saab 340 at Sydney. (Seth Jaworski)
A Rex Saab 340 at Sydney. (Seth Jaworski)

Regional airline services into Sydney Airport have been secured according to Transport Minister Anthony Albanese, who announced on June 2 that a change in regulations will prevent the airport from raising charges for regional airlines above the consumer price index (CPI).

The federal government has instituted the cap on charges through issuing a new Declaration and Determination under the Commonwealth Trade Practices Act, which it says will prevent the airport’s operator, Sydney Airports Corporation Limited, from increasing charges above the CPI. It follows on from a similar action which commenced in 2002, with the new Declaration to take effect from July 1 2010 until June 30 2013.

The action is expected to be well received by the regional airline industry, which has long held fears that it would be priced out of Sydney as the airport sought to open up slots for more lucrative larger aircraft at the airport.

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Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

Regionals win fee cap at Sydney Airport

written by australianaviation.com.au | June 3, 2010
A Rex Saab 340 at Sydney. (Seth Jaworski)
A Rex Saab 340 at Sydney. (Seth Jaworski)

Regional airline services into Sydney Airport have been secured according to Transport Minister Anthony Albanese, who announced on June 2 that a change in regulations will prevent the airport from raising charges for regional airlines above the consumer price index (CPI).

The federal government has instituted the cap on charges through issuing a new Declaration and Determination under the Commonwealth Trade Practices Act, which it says will prevent the airport’s operator, Sydney Airports Corporation Limited, from increasing charges above the CPI. It follows on from a similar action which commenced in 2002, with the new Declaration to take effect from July 1 2010 until June 30 2013.

The action is expected to be well received by the regional airline industry, which has long held fears that it would be priced out of Sydney as the airport sought to open up slots for more lucrative larger aircraft at the airport.

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Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

Regionals win fee cap at Sydney Airport

written by australianaviation.com.au | June 3, 2010
A Rex Saab 340 at Sydney. (Seth Jaworski)
A Rex Saab 340 at Sydney. (Seth Jaworski)

Regional airline services into Sydney Airport have been secured according to Transport Minister Anthony Albanese, who announced on June 2 that a change in regulations will prevent the airport from raising charges for regional airlines above the consumer price index (CPI).

The federal government has instituted the cap on charges through issuing a new Declaration and Determination under the Commonwealth Trade Practices Act, which it says will prevent the airport’s operator, Sydney Airports Corporation Limited, from increasing charges above the CPI. It follows on from a similar action which commenced in 2002, with the new Declaration to take effect from July 1 2010 until June 30 2013.

The action is expected to be well received by the regional airline industry, which has long held fears that it would be priced out of Sydney as the airport sought to open up slots for more lucrative larger aircraft at the airport.

Advertisement
Advertisement

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

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