Forum Archive Index - May 2001

["mark walley" <mark_walley@hotmail.com>]

Gerry - the info was released to the market approx 4:30 this afternoon.

Here's the NZSE anouncement.

Rgds

Mark

Auckland International Airport Ordinary Shares ANNOUNCEMENT
AIA08/05/2001GENREL: 1630 HRS Auckland International Airport LimitedGEN: 
AIA: AIR FORCE AT AUCKLAND AIRPORTAuckland International Airport confirmed 
it could accommodate all current andfuture Royal NZ Air Force requirements 
at Auckland Airport.  Auckland AirportMD John Goulter said a relocation of 
the Air Force to Auckland InternationalAirport would represent a more 
efficient use of the country's resources, asall required facilities are 
already in place at Auckland Airport.  He said itcould well be argued that 
NZ already has too many airports bothinternationally and domestically.  "A 
relocation would enable the Governmentto divest itself of prime real estate 
at Whenuapai and Hobsonville and at thesame time simplify and improve safety 
within Auckland's air space.  Noisewould not be an issue as fighter aircraft 
are not involved."  "We have anumber of suitable areas at Mangere that could 
accommodate hangers andmaintenance bases and we could even build residential 
housing for staff", hesaid."  "The development of such facilities could be 
undertaken by thecompany and in turn leased to the Air Force on a long-term 
basis.  This,coupled with the resale value of the Whenuapai land, must have 
a realattraction to Government."  Mr Goulter said that the concept of 
Whenuapai asa freight facility was unlikely as 80% of all cargo is already 
carried inscheduled passenger aircraft.  Nearby examples of this joint 
concept areCanberra, Newcastle and Honolulu airports where both air force 
and civilianaircraft operate from the same facilities.End CA:00066783 
For:AIA    Type:GEN        Time:2001-05-08:16:30:11 Encrypt:Y


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