Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Auckland Airport set to become a global aviation ‘megacity’

Auckland Airport set to become a global aviation ‘megacity’

Airbus, one of the two leading aircraft manufacturers, has identified Auckland Airport to become one of about 80 global aviation ‘megacities’ by 2030, with over 10,000 long-haul travellers predicted to be using the airport every day.

“The growth of airport ‘megacities’ is a new global phenomenon and Auckland Airport is excited by the opportunities it will bring. Our own forecasts of passenger growth support Airbus’ global study,” says Adrian Littlewood, chief executive of Auckland Airport.

“The emerging economies of China, South-east Asia, India and South America are changing the dynamics of global air travel.”

“We are not constrained like some airports in Australasia. We have always planned ahead and we have the land to grow and become an important hub airport serving Australasia and the Pacific Rim. We are already the second largest airport in Australasia for international travellers.”

“Our 30-year vision envisages passengers tripling to 40 million in 2044. For this we need a new combined domestic and international terminal; a second runway which may need to be extended in 30 to 50 years’ time; new public transport and road links and a new air traffic control tower.”

“There will also be more than 27,000 new jobs created from the investment in infrastructure alone.”

“We are already planning to make the aviation megacity a reality, and we will make sure it will be friendly, efficient and uniquely New Zealand,” says Mr Littlewood.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news