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Showing posts with label Retail in terminals is booming. Show all posts
Showing posts with label Retail in terminals is booming. Show all posts

Saturday, February 24, 2024

Professor Robert MacCulloch: Its the World Wrestling Federation.

Two Big Monopolies Slug it Out - Auckland Airport versus Air NZ.

Air NZ is complaining that Auckland Airport is a monopoly - passing on capital expenditure charges arising from its airport re-development to the airline. Not to be outdone, Auckland Airport is firing back - saying Air NZ's monopoly over domestic air travel is one of the most powerful in the world and the airline wants a small crappy airport to stop more competitors. Who's the dummy loser in this fight between two big fatties, neither of which is constrained by market discipline? You and me, of course. We're the ones paying and queueing.