What's Happening?
Perth Airport has announced a comprehensive expansion plan, which includes the construction of a new domestic terminal for Qantas Group. The plan anticipates passenger growth from 17.5 million to 30.8 million by 2046. The multi-billion dollar infrastructure program will also feature a new runway, a hotel, and parking garages. The expansion is part of a five-year plan to transform Perth Airport, with the new runway expected to be operational by 2028 and the domestic terminal by 2031.
Why It's Important?
The expansion of Perth Airport is a significant development for the region's infrastructure and economy. It is expected to accommodate increased passenger traffic and enhance the airport's capacity to serve as a major hub. The investment reflects confidence in future growth and is likely to stimulate economic activity, create jobs, and improve connectivity. The new facilities will support Qantas Group's operations, potentially boosting tourism and business travel in Western Australia.
