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Canberra airport sorts out its financing – big changes planned

By johnboy - 7 April 2009 28

The Australian reports that The Darkness On The Edge Of Town (aka the Canberra Airport) has secured the $350 million in financing which it needs to make all its dreams come true:

    Launching the start of construction on the airport’s new environmentally friendly southern concourse terminal, Mr Byron said the project was back on track after problems linked to the global financial crisis.

    The Commonwealth Bank of Australia, Westpac and German financier WestLB have all agreed to provide more than $330 million in credit to fund the project, dubbed AirVolution.

    By the middle of next year, Canberra Airport will feature a four-storey carpark with covered access to the terminal and no roads to cross.

    Long taxi queues on a wind-swept footpath will also be a thing of the past, thanks to the country’s first fully enclosed taxi rank.

    By the project’s 2012 completion date, travellers would benefit from the installation of international capabilities at the airport, including immigration and customs, more than double the number of check-in counters, triple the baggage capacity and quadruple the airline club lounge areas.

UPDATED: Chief Minister Stanhope has applauded the planned development.

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Canberra airport sorts out its financing – big changes planned
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dvaey 8:02 am 09 Apr 09

Adza said :

Funny…. so many people against extra, bigger planes coming on the flight paths, yet everyone supports a new terminal which makes this happen.

I guess everyone wants the convenience of a nice terminal, extra flights etc but no one wants the planes over their backyard.

Maybe you missed the whole ‘Tralee’ argument for the last few years in the ACT? We have a flight path that comes in over empty paddocks and a firing range from the north, no houses there yet. The problem isnt bringing the planes into the backyards, the problem is the Tralee developers putting the backyards under the planes… then complaining about how its unfair they have to put up with planes, and the ‘burden’ should be shared among everyone.

On a similar topic.. what ever happened to the proposed williamsdale airport? Last I heard, the money had been ponied up, the approvals were all done, and it was just waiting to be announced.. however this was several years ago. If you move the GA traffic out of Snowtown, there’ll be a lot more capacity (landing-slots) for the proposed international aircraft.

el 4:23 am 09 Apr 09

Sorry, just to clarify – it’s not at all uncommon to find road crew contractors from out of town.

el 4:21 am 09 Apr 09

Contractors I’d say, Ant.

ant 11:18 pm 08 Apr 09

Yep, Sepi, I’m sure there’s something more to it, and that might be it. Of course, building their McBuildings at Brindabella/Majura should generate as many jobs, but you won’t see the local media questioning what they’re told.

An interesting snippet on the “joooooobs” thing. There’s a mob currently engaged in stuffing around on the Fairbairn/Pialligo roundabout that is soon to be traffic lights. A local business got fed up with their “traffic management” that led to traffic being backed up half way up Beltana Road, and went and remonstrated with the men working on the intersection. One exclaimed “there’s businesses up there? We didn’t know that. We didn’t think there was anything up there”. Which suggests that this team are from out of town. I hope.

So, we are evidently exporting jobs. Or Stanhope’s Move to Canberra thing is working. Either way, it’s so-far not a very good thing.

sepi 10:25 pm 08 Apr 09

Maybe they are striking while the iron is hot, and ‘jobs’ are all important, as the financial crisis bites. They might be more likely to get their 24 hour frieght plan going if unemployment is high.

ant 9:21 pm 08 Apr 09

Word (good word)has it that they discovered some time back taht non=airport activities (ie property development) were WAAAY more luctrative than air ops. Hence the furious property development and almost zero airport expenditure. I’m not sure what they’re up to with this, possibly appeasing the Dep’t of Transport who have knocked them back on recent proposals because the staff are sick of the traffic mess and being unable to get taxis to/from the airport for travel to meetings.

SheepGroper 6:35 pm 08 Apr 09

Swaggie said :

Evil, I suspect the Office Buildings and retail outlets, or “Crap” as you so eloquently describe it, generate the income that enables the terminal work to go ahead.

The last financial report that was made available showed that 75% of Snowtown revenue was generated by non-airport sources, it looks like Snow had a long term plan going on.

harvyk1 3:05 pm 08 Apr 09

abc said :

QF will have the right end of the new building and VJ the other, so it’ll be a swap.. Right end will be built first, so it’ll be a bit cramped while they build the other end for Virgin/Tiger… And they both want the middle gate… that’s the one you can see through the whole building.. hence in the video from the airport the plane is shown as a Canberra Airport 737…

I expect that it’ll be used as “anyones” gate. Similar to the way gates at Adelaide are assigned to virtually any airline. Yes, DJ has one end and QF has the other, but I’ve been on many a QF flight to Adelaide which has used the DJ end of the terminal.

When I first saw the video and saw the Plane with a blue tail all I could think was “Why do they have an Ansett plane in there”.

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