Airport gives expansion details

HAMISH MCNICOL
Last updated 05:00 05/04/2014

Relevant offers

Industries

Pound falls to 30-year low against US dollar amid anti-global sentiment Maersk shipping line changes NZ route Revamped Smith's City pushes into profitable Auckland International hotel Sofitel Wellington fights $350k development fee - and succeeds Taranaki engineers need to 'get creative' to survive Fiat Chrysler accused of concealing defect in Jeep Grand Cherokee Countdown harnessing the skills of older workers Duncan Garner: Tax the tourist tsunami and give us citizens a break APN settles New Zealand tax dispute with Inland Revenue Trade Me says online gun auctions are safe, as police union calls for an end to sales

Jet-setters can expect bigger terminals, more car parks, a hotel and one main security check as Wellington Airport takes off on nearly $250 million of investment.

Yesterday chief executive Steve Sanderson made a presentation to investors at an investor day for listed-infrastructure company Infratil, which owns two-thirds of the airport.

It was also revealed the proposed 300-metre runway extension could land $534 million in economic benefit to the region.

The airport has previously discussed its five-year $250m spending forecast but yesterday Sanderson detailed the specifics of the airport's facelift.

The main terminal building was being extended 35 metres to the south, at a cost of $62m, and the north pier doubled in width, for $19m.

But added to that was about $30m in airfield engineering and apron work, where the aircraft are parked.

Sanderson said work was scheduled to begin on the extension in August this year, with the project going out to tender within the next month.

It would take about 12 months to complete, he said, and would feature one major security check at the entrance to the passenger lounge, as opposed to the current check at each gate.

"There will obviously be more room for passengers and bigger floor space for more retail as well."

The increase in capacity would enable the airport to achieve its forecast 6.3 million passengers a year by 2022, up 1.5 million on current levels.

Sanderson said there were currently 1900 car parks at the airport, but by 2030 this number needed to more than double.

To meet expected demand. new parking spaces would be built at a cost of $40,000 each and wrap around the terminal. The parking building would be raised from two to four floors.

Ad Feedback

- BusinessDay

Special offers

Featured Promotions

Sponsored Content