Queenstown Airport. Photo supplied.
It was ''critical'' Queenstown Airport acquired an area
of land known as ''lot 6'' and also that it determined the
feasibility of evening flights, the airport CEO told a
Queenstown Lakes District Council finance and corporate
committee meeting yesterday.
In July an Environmental Court hearing was held in
Queenstown, which sought to determine whether the airport
should gain and develop what is known as ''lot 6'' - a
portion of Remarkables Park Ltd.
Queenstown Airport chief executive Scott Paterson said a
decision was expected soon.
The airport has posted a positive result for the six months
to December 31, which was driven by a 21% increase in
passenger numbers, chairman John Gilks said.
Mr Paterson echoed this, telling councillors the airport was
still seeing ''real growth'' and that the next terminal
expansion - likely to be international - was provisionally
set to occur in 2016.
He hoped to discover whether evening flights would be
possible in the coming year.
Councillor Russell Mawhinney asked whether more long-term car
parking was planned. Mr Paterson said a small park was in the
process of being turned into a long-term car park, but space
The Frankton Golf Course encroaches on land owned by the
Queenstown Airport Corporation and Mr Paterson assured
councillors it was ''in our best interests to leave it as a
The airport also presented its latest draft statement of
intent, which said Queenstown Airport ''may be the
fastest-growing airport in Australasia; we are certainly the
fastest-growing New Zealand airport''.
''Over the last four years there has been double-digit growth
in passenger numbers'', but ''this growth comes at a price as
airport infrastructure and facilities need to develop in line
with passenger growth if we are to meet passenger
expectations of a modern airport'', the statement said.
Despite the facilities used by international travellers being
those most under pressure during peak periods, they were also
''the most underutilised outside the peaks''.
The statement asserted the council was focused on cost and
debt reduction and consequently it was important the airport
worked ''to self-fund capital growth in the short term''.
''During the SOI [statement of intent] forecast period - July
1, 2013, to June 30, 2016 - QAC does not plan to seek
''The equity injection by AIAL [Auckland International
Airport Ltd] in 2010 allowed QAC to reduce debt to today's
low levels and QAC has the financial capacity to increase
debt to fund the infrastructure developments anticipated
through the forecast period,'' the statement said.