Qantas, Perth Airport ink new billion-dollar terminal deal
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In a major development for Western Australia aviation, Perth Airport has announced plans to construct a multi billion dollar terminal and runway.
It is part of a landmark deal with Qantas and is expected to significantly boost the airport’s capacity and efficiency.
The project is expected to create thousands of jobs and stimulate economic growth.
“Perth Airport’s plans will see more than $5 billion invested in new terminal facilities, a new parallel runway, two multi-storey carparks and our first airport hotel,” said Perth Airport CEO Jason Waters.
“Western Australians will now see the largest-ever private investment in an infrastructure development in Perth, a once in a lifetime investment program.”
As part of the 12-year agreement, the airport will invest $3 billion in new facilities and infrastructure and Qantas and Jetstar will consolidate all services to the new terminal.
Qantas and Jetstar say they plan to add 4.4 million seats to and from Perth per year when the terminal is up and running by 2031.
The airport will also invest in upgrades to Terminals 3 and 4 where Qantas flies.
Jetstar will relocate its domestic flight network to Terminal 2 later this year.
This initial work will enable Qantas to add new international flights from Perth next year, such Auckland and Johannesburg.
The new runway could be operational by 2028.
“This is the largest airport infrastructure deal in our history. It will enable us to create a world-class western hub and significantly expand our domestic and international services,” Qantas CEO Vanessa Hudson says.
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