Aberdeen Airport unveils multi-million pound investment boost
24 January 2012
Aberdeen Airport has unveiled details of a major investment boost for 2012.
Millions of pounds are set to be invested this year upgrading the busy terminal building to improve passenger facilities and provide more capacity.
This year alone, the airport plans to spend £4.25 million on capital projects, with £45 million earmarked in total through to 2021.
Highlights include the start of a £5m major expansion of the airport’s international arrivals area, set to be carried out between now and 2019, a two year plan to boost capacity within the terminal and expand the security search area at a cost of £3 million, and the opening of a £750,000 car rental facility.
The investment boost comes against the backdrop of a significant increase in demand at Aberdeen Airport, with passenger numbers up by 11.5% in 2011, making it, officially, the fastest growing airport in the UK for the whole of 2011, according to latest figures from the CAA.
Announcing the investment boost, airport managing director Derek Provan said: “Our aim is to continue to provide high standards of service. To achieve this, we plan to increase our capacity to take account of forecast passenger growth, and modernise our facilities to deliver a better service to passengers, airlines and other airport users.
“Aberdeen Airport has enjoyed sustained growth over the past 12 months and our longer term forecasts suggest that this trend will continue. It is vital that we continue to invest in our facilities to create an airport that befits Aberdeen’s status as the energy capital of Europe.”
More than £50 million has been invested in Aberdeen Airport over the past five years, including £10 million on a new runway extension, completed eight months ahead of schedule. A study commissioned by Aberdeen Airport suggests that the new runway extension will generate an additional 205,000 passengers by 2015, contribute an additional £20.3 million for the city and shire economy, and create an extra £110 jobs locally by 2015.
Mr Provan added: “Every penny we invest at Aberdeen Airport is an investment for the future, creating a legacy that delivers long term benefits for the city and shire economy. We are determined to do everything we can to improve the experience of our passengers, and to maximise the contribution Aberdeen Airport makes to the economy of the north-east.”
The details of the capital investment plan are now the subject of a consultation with airlines and other airport partners.
Meanwhile, Aberdeen Airport is due to publish its revised Master Plan at the end of February. The document will set out the future development framework for the airport up to 2040, and updates an earlier Master Plan published in 2006, before the worldwide downturn in aviation. The revised document will be the subject of a three month public consultation after its launch.
Derick Murray, director of Nestrans, said: “Studies have shown the importance of the airport to the Aberdeen City and Shire economy. It is therefore important that the airport provides the facilities required to meet the needs of travellers from the area and gives a good first impression for visitors and inward investors. So it is welcome that this investment, building on other recent improvements, continues the airports upgrading programme to meet these needs and is further evidence of the strength of the region’s economy.”
Bob Keiller, CEO of Wood Group PSN and a business ambassador for Aberdeen Airport said: “I am particularly keen to see an expansion to the international arrivals area as this is the first impression of our city for many international visitors. Upgrades to enable higher capacity within the terminal will also help to meet the growing demands of the energy industry and other business sectors operating in and out of Aberdeen. The investment is welcome news for the business community and demonstrates further commitment by Aberdeen Airport to provide vital transport infrastructure to the North East.”
Notes to editors:
For the latest statistics from the CAA, follow this link: http://www.caa.co.uk/docs/80/airport_data_prov/201112/December_2011_Provisional_Airport_Statistics.pdf
Figures for Aberdeen Airport are compared to all airports over 500,000 passengers.