Category: Airports

The federal government’s Future Fund will pay $2 billion to take over a collection of infrastructure assets that includes stakes in a number of Australian airports. The $77 billion investment fund, set up to help cover the cost of public sector pensions, will buy out the assets of the Australian Infrastructure Fund (AIX), which includes

Sydney Airport has reported revenue and passenger growth over the first half of 2012 thanks to a trickle of new international services. Revenue for the six months ending in June rose 6.6 per cent to $503.6 million while passenger traffic ticked up 1.6 per cent to 17.7 million, the airport said. Sydney Airport Ltd, which

A revamped Tamworth Regional Airport has opened its doors after a $4.2 million terminal extension and security upgrade. The federally-funded renovations have seen the airport’s arrivals and departures lounge tripled in size and the car park extended, as well as the installation of new security equipment including explosive trace detection machines, hand held metal detectors

Mining billionaire Clive Palmer has unveiled plans to develop an international airport on the Sunshine Coast to feed visitors into a “World Tourist Mecca” including a new 1000-room hotel and casino at the site of his Coolum resort. Palmer purchased the golf resort last year and ousted Hyatt Hotels as manager of the facility, leading