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Page 4 - குயின்ஸ்டவுன் விமான நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Covid-19 coronavirus: Queenstown rejoices after transtasman bubble announcement

Covid-19 coronavirus: Queenstown rejoices after transtasman bubble announcement
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

Queenstown Airport expects return to pre-Covid levels by 2024

Photo: 123RF Queenstown Airport Corporation s (QAC) statement of intent will go before the Queenstown Lakes District Council (QLDC) on Thursday. More than two million passengers went through the airport for the first time in 2018, and it is expecting to exceed it again in 2023. Plans in 2018 to allow double the number of flights in and out of the airport by 2045 outraged locals and led to the proposal being scrapped. Similarly, talks about expanding the services at Wānaka Airport were ditched after blowback from the community. In last year s statement of intent, the airport promised not to increase the number of aircraft into Queenstown or to develop Wānaka Airport before July 2023.

Queenstown Airport expects return to pre-Covid levels by 2024 - www indianweekender co nz

Queenstown Airport expects return to pre-Covid levels by 2024 Wednesday, March 17, 2021 Tim Brown for RNZ Queenstown Airport is forecasting a return to pre-pandemic passenger numbers by 2024. Queenstown Airport Corporation s (QAC) statement of intent will go before the Queenstown Lakes District Council (QLDC) on Thursday. More than two million passengers went through the airport for the first time in 2018, and it is expecting to exceed it again in 2023. Plans in 2018 to allow double the number of flights in and out of the airport by 2045 outraged locals and led to the proposal being scrapped. Similarly, talks about expanding the services at Wanaka Airport were ditched after blowback from the community.

Airport financials, year end 2020 - grim but not disastrous

Premium Analysis A trickle of annual reports and financial statements for airport operators is turning to a flood as the end of Feb-2021 is reached. They make for grim reading, as expected. But it is not disastrous. None are saying that they are on the verge of going bust. One big operator, which last year was talking in terms of having sufficient liquidity until the summer of this year, now cites 2023 instead. There has been recapitalisation and cost-cutting as operators adapt to the ‘new normal’. Multiple vaccine availability gives cause for hope. The main message coming out of these reports, though, is that no two sets of circumstances are alike, which is why a few operators are able to carry on much as normal, while others (the majority) are a shadow of what they once were.

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