Wellington Airport extension would dent domestic volumes, attract more international visitors

Wed, 25 Nov 2015

By Jonathan Underhill Nov. 25 (BusinessDesk) - Wellington International Airport would attract an additional 6.1 million passengers in the next 45 years if allowed to extend its runway by 355 metres into Lyall Bay, according to a cost-benefit analysis for the airport by Sapere Research Group. The report identifies net economic benefits of $2 billion for New Zealand in today's dollars over that period, or $7 for every $1 spent lengthening the runway, the report says.The Wellington region's share would be between $500 million and $1.5 billio...

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