Melbourne Tullamarine Airport selects north-south orientation for third runway

Melbourne Tullamarine Airport determined (14-Nov-2019) a third runway, constructed on a north-south orientation will provide the greatest benefits to the airport and state of Victoria, and commenced preparing a preliminary draft major development plan for consideration by Australia's Government. Melbourne Airport CEO Lyell Strambi reported a third runway is necessary to cater for passenger growth from 37 million p/a to 70 million p/a by 2038. Mr Strambi stated the new runway will increase "a new wave of economic activity for Victoria, as much as an additional AUD16.8 billion per annum to gross state product by 2043". [more - original PR]