Auckland Airport falls on possible reduction of its charges for airlines

Auckland International Airport

17/07/2024 01:37

** Shares of Auckland International Airport  AIA.NZ  fall
2.7% to NZ$7.69, set for worst day since June 4, if losses
continue
    ** Airport operator says it will consider cutting charges
for airlines using its terminals after a final report by New
Zealand's Commerce Commission 
    ** Co says the Commission indicated that AIA is targeting
charges that is higher than what it considers to be reasonable
    ** AIA stock down 10.2% YTD as of last close
 

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))