Expansion plans scaled back
14.05.09
Newcastle Airport has scaled back its expansion plans because of the recession, MPs were told yesterday. Its plans to expand the terminal facilities and build a 360 metre runway extension are now merely a ‘useful document’, rather than plans to be implemented, it said.
The airport has abandoned its hopes of flying 9.5m passengers by 2016, after they fell by 612,000 to just over 5m last year. Yesterday, in written evidence to the Transport Select Committee, Newcastle Airport said: ‘The masterplan remains a useful document in setting out the way the airport is likely to expand in due course. However, it needs to be reviewed to reflect the current economic downturn and lower passenger growth expectations.’
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