The funding will enhance domestic capacity and develop a new international terminal. Newcastle Airport is the second busiest airport in NSW, generating around $1.2 billion in economic activity a year and supporting around 5600 jobs.
It currently services 12 domestic routes with six domestic airlines, catering for around 1.3 million passengers a year.
“Driving greater economic and social benefits by broadening our domestic and international destinations and contributing to Newcastle’s transformation from a major regional hub into an international destination and a significant second international gateway to NSW, is key to our purpose.”
“We also thank the Federal Government for investing a total of $121 million in our region’s international growth.”
“Servicing Defence and defence industry participants are both vital to Australia and benefits the regional economy. Astra Aerolab has strong leasing interest and a number of buildings poised to start coming out of the ground. CBA’s funding partnership will help us accelerate this activity to meet client demands.”
Dr Cock said Newcastle Airport was committed to reducing its environmental footprint across the airport, with the expanded terminal building being designed and built to target a 5-star Green Star rating accreditation, the under construction solar-powered covered car park powering more than 30% of the airport and with the first Astra Aerolab commercial office building also registered for a 5-star Green Star rating accreditation.
The second busiest airport in NSW, Newcastle Airport generates around $1.2 billion in economic activity a year and supports around 5600 jobs. It currently services 12 domestic routes with six domestic airlines, catering for around 1.3 million passengers a year.
The expansion of Newcastle Airport will facilitate the introduction of new domestic and international routes and address capacity for forecast growth to around 2.3 million passengers a year by fiscal 2028.
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