Brisbane Airport Chiefs are expected to announce today that they will build a new parallel runway within this decade.
After pressures from the Brisbane public, the Brisbane Airport Corporation Board has finally decided to fund a $1.3 billion new runway project. The Brisbane Airport Corporation Board has been negotiations with who will be liable for funding the project.
The new upgrade to Brisbane Airport is expected to be completed by 2020, set by the Brisbane Airport Corporation Board.
An addition 3.3km strip of tar is essential in solving the long delays, frustrating hold ups of Brisbane Airport. Well-deserved Brisbane Airport has been declared as the worst-performing of Australia’s major hubs for on-time arrivals.
Costing airlines at least $75 million in extra fuel, last year there were 26,992 late flying in and out of Brisbane Airport. These delays resulted in 7750 hours spent in holding on the tar mat.
The Brisbane Airport Corporation Board reportedly wanted airlines to assist in funding the $1.3 billion project. Airlines refused as it was unfair to expect customers to pay for infrastructure that would not be ready in years.
Virgin and The Brisbane Airport Corporation Board remained in a stand-off and it was not unit June that a confidential deals was signed.
Refusing to back down QANTAS has said that it will only pay charges once their aircrafts can actually use the runway.
After much pressure the Brisbane Airport Corporation Board has set a 2020 completion date on the new Brisbane Runway.
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