iscover
The three parties have formally agreed to work together to complete the project, which is now able to move forward after the airport last year dropped its demand for an underground link and agreed to the state government’s preferred above-ground option.
Linc Horton (pictured, second from right), ex-global head of property for Toll, will take over from interim CEO Andrew Warrender on 5 May. Warrender had stepped into the position last year following the departure of Dr Peter Cock after a decade at the helm.
Newcastle Lord Mayor Dr Ross Kerridge this week called for an independent inquiry following a months-long stoush between the airport and the Newcastle Herald over articles in the newspaper claiming the airport is struggling with debt.
The service will operate four times per week on a 377-seat A330-300, including 12 business class and 365 economy seats. Batik Air, part of the Lion Air group, already operates a regular service from Melbourne to Denpasar.
According to the ACCC’s latest Airport Monitoring Report, Sydney, Melbourne, Brisbane and Perth airports collectively invested $985.1 million in aeronautical facilities in 2023–24, more than half of which was accounted for by Melbourne’s $502.3 million.
Sydney, Melbourne, Brisbane and Perth Airports collectively brought in $2.6 billion in 2023-24, up 24.3 per cent from the previous year, though passenger numbers were still 4.7 per cent below 2018-19 levels. Sydney, Melbourne and Brisbane also grew their profits from aeronautical activities.
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