Australia greenlights third runway for Melbourne airport; seeks to manage noise impact
Third runway to boost Victoria economy by $4 bln a year
Move is focussed on needs of local community - minister
Updates with further details in paragraph 5 and response from industry body in paragraphs 10-12, updates Virgin Australia comment in paragraph 9
By Rishav Chatterjee
Sept 13 (Reuters) -Australia's Melbourne Airport on Friday received a long-awaited approval to build a third runway, with the federal government setting out conditions to minimise the effects of noise from aircraft on surrounding communities.
The additional runway is expected to boost the economy in Victoria by A$6 billion ($4.04 billion) a year.
Catherine King, the country's transport minister, said the new runway would allow the airport to cash in on rising demand in the city and provide better access to passengers.
"Throughout my consideration of this proposal, the needs of the local community have been front of mind," King said.
The issue of noise from the airport has come to the fore as more people are living under flight routes and a greater number of flights are now taking off and landing.
The airport will be required to include a provision for a legally enforceable commitment to restore the length of the existing east-west runway in a bid to increase opportunities for noise sharing.
It will additionally have to implement a new program for communities who would be most impacted by aircraft noise and conduct a health study into the effects of noise.
"These conditions, along with relevant environmental requirements, mean that we are balancing the growth of the airport with the needs of the communities on the ground," minister King said.
Australia's flagship carrier Qantas QAN.AX did not respond to Reuters request for comment whereas Bain-Capital owned smaller rival Virgin Australia declined to comment on requests on how the move might affect their operations.
"Airlines remain concerned that the existing infrastructure at Melbourne Airport is not currently being fully utilised or operating at optimal efficiency," industry group Airlines for Australia & New Zealand said in an emailed response to Reuters.
The body flagged that the third runway would be a "long-term" project and that the airport needs to ensure all existing infrastructure is operating at optimal capacity during the interim period.
($1 = 1.4868 Australian dollars)
Reporting by Rishav Chatterjee in Bengaluru; Editing by Savio D'Souza, Sonia Cheema and Mrigank Dhaniwala
Aset Terkait
Berita Terbaru
Pengungkapan: Entitas XM Group menyediakan layanan khusus eksekusi dan akses ke Fasilitas Trading Online kami, yang memungkinkan Anda untuk melihat dan/atau menggunakan konten yang tersedia pada atau melalui situs, yang tidak untuk mengubah atau memperluas, serta tidak mengubah atau memperluas hal tersebut. Akses dan penggunaan ini selalu sesuai dengan: (i) Syarat dan Ketentuan; (ii) Peringatan Risiko; dan (iii) Pengungkapan Penuh. Oleh karena itu, konten disediakan hanya sebagai informasi umum. Anda juga harus ketahui bahwa konten Fasilitas Trading Online kami bukan sebagai ajakan atau tawaran untuk untuk melakukan transaksi apa pun di pasar finansial. Trading di pasar finansial mana pun melibatkan tingkat risiko yang signifikan pada modal Anda.
Semua materi yang diterbitkan di Fasilitas Trading Online kami hanya untuk tujuan edukasi/informasi dan tidak boleh mengandung nasihat dan rekomendasi finansial, pajak investasi atau trading, catatan harga trading kami, penawaran, permintaan, transaksi dalam instrumen finansial apa pun atau promo finansial untuk Anda yang tidak diminta.
Konten pihak ketiga apa pun, serta konten yang disiapkan oleh XM, seperti opini, berita, riset, analisis, harga, informasi lain atau link ke situs pihak ketiga yang tersedia "sebagaimana adanya", sebagai komentar pasar umum dan bukan menjadi nasihat investasi. Sejauh konten apa pun ditafsirkan sebagai penelitian investasi, Anda harus memperhatikan dan menerima bahwa konten tersebut tidak dimaksudkan dan belum disiapkan sesuai dengan persyaratan hukum yang dirancang untuk mempromosikan kemandirian riset investasi dan dengan demikian akan dianggap sebagai komunikasi pemasaran di bawah hukum dan peraturan yang relevan. Mohon dipastikan bahwa Anda telah membaca dan memahami Notifikasi pada Riset Investasi Non-Independen dan Peringatan Risiko kami mengenai informasi di atas, yang dapat diakses disini.
