The media release for the Canberra Airport lease to business owner Mr Terry Snow stated:
Canberra Airport is subject to a CPI minus X price cap on its aeronautical charges. The X value for Canberra Airport has been set at 1.0 for the next five years. This will result in real reductions in aeronautical charges of 5.0% over this period.
Anyone wish to comment on the "real reductions in aeronautical charges of 5%" over the period?