By Christopher Reynolds Transport Minister Steven MacKinnon is promising to keep a lid on fees charged by airports under the government\u2019s partial privatization plan, as airline executives insist the rules must be in place before investors make their bids. However, it remains unclear if the new approach will include across-the-board caps on landing fees and other charges or whether restrictions will be imposed on a deal-by-deal basis and in a more flexible fashion. \u201cWe will regulate through contract,\u201d MacKinnon told reporters at an aviation conference in Ottawa on Thursday. \u201cThose concessions will contain price moderation, if I can call it that, or fee moderation.\u201d Under the plan, private entities from pension funds to First Nations would be bidding on leases to run the full gamut of airport operations, rather than… <\/p>\n
By Christopher Reynolds Transport Minister Steven MacKinnon is promising to keep a lid on fees charged by airports under the government\u2019s partial privatization plan, as airline executives insist the rules must be in place before investors make their bids. However, it remains unclear if the new approach will include across-the-board caps on landing fees and other charges or whether restrictions will be imposed on a deal-by-deal basis and in a more flexible fashion. \u201cWe will regulate through contract,\u201d MacKinnon told reporters at an aviation conference in Ottawa on Thursday. \u201cThose concessions will contain price moderation, if I can call it that, or fee moderation.\u201d Under the plan, private entities from pension funds to First Nations would be bidding on leases to run the full gamut of airport operations, rather than... <\/p>\n