Coronavirus: Auckland Airport suspends second runway and other major projects [Stuff, 26/03/20]

Auckland International Airport has suspended plans to build a second runway as part of a $2 billion cost-cutting exercise designed to help it ride out the impact coronavirus is having on the business.

Chief executive Adrian Littlewood said Auckland Airport international passenger numbers were expected to be close to zero in the near term.

The national gateway would suspend projects with a completed value of more than $2b, until there was more certainty about future market conditions, he said.

Suspended projects included the second runway, the Domestic Jet Hub, a multi-storey carpark, Park & Ride South and construction of the 146-room Mercure Hotel near the airport shopping centre.

Read this in full here.

%d bloggers like this: