A jet every 10 mins needed: report [ODT, 10/09/19]
A passenger jet landing and taking off every 10 minutes.
That is a conclusion in a report into the underlying finances of the proposed expansion of Wanaka Airport and an investment of $400million.
That is the flight frequency needed if the industry standard investment return is to be realised.
Wanaka Stakeholders Group commissioned Richard Somerville, of Wanaka, a chartered accountant with a 25-year career in investment banking specialising in mergers and acquisitions, to conduct the “independent” assessment…
Click on the cover page below to download a copy of Richard Somerville’s financial analysis of QAC’s proposed $400m spend for Wanaka Airport.