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COMMENT: Airport seeks to Fly High

Thursday 7th October 2010 2 Comments

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The NZ Shareholders Association explains why it is opposing Auckland International Airport's decision to try and increase total directors' fees by 12.5%.

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Comments from our readers

On 8 October 2010 at 7:42 am Peter said:
I agree 100% with your arguement. These so called consultants are self serving and know what they are required to come up with. Shareholder returns should come first before directors are rewarded.
On 8 October 2010 at 10:36 am Grant Westcott said:
By any measure AIA is an inefficient business. Its return on equity has been below 6% for the last five years. Anyone who purchased shares at above $1.50 in the last 5 year would have "enjoyed" returns considerably less the ROC. A simple bank investment has outperformed this company. If I were a director I'd be hiding my head in shame!
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