iscover
The results compare to a $403 million profit the year prior and have been blamed on COVID causing passenger traffic to fall 75 per cent.
The airport made the comments after unveiling its six-month financial results that showed profits after tax down 80 per cent to $28.1 million.
Newcastle needs to secure $65 million within weeks to upgrade its runway – or face waiting another 20 years for its next shot.
The comments will be seen by many as a criticism of Premier Andrews approach, given they were released on the final day of the Melbourne’s third shutdown.
Victorian Premier Daniel Andrews appeared to confirm that one of the two airports would definitely host a new Howard Springs-style quarantine facility.
CEO Justin Giddings said the site would allow returnees to walk from the terminal to 300 cabins providing outdoor space to guests.
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