Newcastle Airport launches masterplan
The draft plan, which sets out the airport’s goals for its centenary year, will enable the airport to compete in the global economy whilst delivering significant economic benefits to the North East and surrounding regions.
Newcastle International Airport has benefited from more than £250m in investment over the last 30 years, as well as years of sustained growth. The Masterplan launched today will ensure there is a framework in place to enable the airport to grow in the years to 2035 in a way that benefits the North East in a sustainable manner.
Passenger numbers, which reached 5.35 million in 2017, are expected to continue grow in the years to 2035. The Masterplan will provide a framework to allow the delivery of improved connectivity and sets out aims to support an increase in inbound tourism.
The airport is already one of the biggest jobs and economic generators in the North East. The Masterplan will enable the creation of even more jobs and further reinforce the role of the airport in driving forward the regional economy. By 2035, the number of jobs supported across the North East could grow to 27,800, and the contribution to GVA could reach £2.03bn.
Nick Jones, chief executive officer at Newcastle International Airport, said: “I’m delighted to unveil our Masterplan 2035 today. Newcastle International has gone from strength to strength in recent years and we’ve set out a clear plan of action to continue to grow our airport to ensure it can compete in the global economy. In the years to come, the connectivity provided by the Airport will be even more important, and that’s why this plan seeks to safeguard for the future of not just the Airport but the whole region.”
Cllr Iain Malcolm, leader of South Tyneside Council and Chair of LA7, said: “On behalf of all of the LA7 shareholders, I very much welcome the publication of this Masterplan.
“There’s a clear vision for the future of not only the Airport, but the role it plays for the North East too and that’s crucial to ensuring a successful regional economy. It is imperative that we have the connectivity that Newcastle Airport provides and that this can increase in the future with a wider route network. It is encouraging to see high importance placed on safeguarding this in order to build a successful future for our region.”
Published: 10 May 2018