Should Auckland Airport be sold?

[ALLY G]

This is how I see it
Auckland international airport has 3 main share holders Auck D/C (district council) Manakau D/C and " THE ROYAL BANK OF SCOTLAND " RBS being the major share holder (dont believe me ? why are their logos all over the airport?)
Now if it were to be sold to emeraites or whoever the bidder may be the cost of travel would indeed increase untill it got to a piont where another airport in auckland would be feasable (Hobsonville) and the competition would drive down the cost for you & me.
Bring it on I say...

[swbarnett]

This is how I see it
Auckland international airport has 3 main share holders Auck D/C (district council) Manakau D/C and " THE ROYAL BANK OF SCOTLAND " RBS being the major share holder (dont believe me ? why are their logos all over the airport?)
Now if it were to be sold to emeraites or whoever the bidder may be the cost of travel would indeed increase untill it got to a piont where another airport in auckland would be feasable (Hobsonville) and the competition would drive down the cost for you & me.
Bring it on I say...

So you want to pay more for travel? Very generous.

We don't need another airport in Auckland. Try connecting to a domestic flight from an international one between airports at rush hour. What we need is another CBD to ease the traffic flow over the Weitamata.

I also don't want foreign airlines getting preferential treatment (something that's stated in the Dubai bid).

BTW: It's Whenuapai that's trying to be the next civilian airport in Auckland. I for one don't want planes flying over my house at all hours of the day and night.

[Karma]

Mate, if you live in greenhithe we've got enough Air traffic as it is without bloody 747s or whatever coming over.

Besides which, there was that report out the other day saying that most of the B Class airports have runways that are too short to land safely on, I'd say you'd want to work on making the existing airports better than worry about new ones.

[ALLY G]

So you want to pay more for travel? Very generous.

In the short term yes travel costs would rise but competition(another airport) would soon curb that.

We don't need another airport in Auckland.

So you are happy to be ripped off at this level no competition = a monopoly they charge what they want & what can you do about it ?

BTW: It's Whenuapai that's trying to be the next civilian airport in Auckland. I for one don't want planes flying over my house at all hours of the day and night.

(semantics :-Whenuapai ,Hobsonville)
I suggest you get used to the idea or move coz I,ll bet a penny to a pinch of shite its gona happen & inside the next 10 years.

[ALLY G]

most of the B Class airports have runways that are too short to land safely on, I'd say you'd want to work on making the existing airports better than worry about new ones.

How long duz it take to lay a concrete slab??
Any one ??

[swbarnett]

In the short term yes travel costs would rise but competition(another airport) would soon curb that.

I think I may have missed your logic. Are you saying that the second airport will be economic in the short term but not the long term?

So you are happy to be ripped off at this level no competition = a monopoly they charge what they want & what can you do about it ?

That's why I'm in favour of this sort of enterprise being government owned. If anything the government should be buying a majority share.

I suggest you get used to the idea or move coz I,ll bet a penny to a pinch of shite its gona happen & inside the next 10 years.

You may be right. This country is not known for it's well thought out decisions. Fortunately we're only renting so we would find it quite easy to move. Are those that own property in the proposed flight path going to be compensated for a drop in property values? And what about one of Auckland's largest aquatic playgrounds. A quiet day in the gulf will be ruined by accelerating jumbos.

[peasea]

I believe it should not be sold as enough New Zealand land and assets are already being sold to overseas investors soon we will have nothing left!

I certainly don't think it should be sold without having the rest of the city attached as a package deal and on the proviso that the package goes offshore.

[Blackbird]

Well, I bought my shares at $1.84 so that's a 79% increase as of today, not to mention some good dividends so I have a certain bias.