Gradually over the years, “the changes in ownership of Australian airports have been very significant. In the first instance, the Australian government developed responsibility of aerodromes and civil airports through the Aerodrome Local Ownership Plan.
In the last few years , the aviation industry has witnessed an “unprecendented growth, and the key driver for this has been the strong global and local economies”. It is not known if the industry would continue to grow in the same pace during the time of “anticipated financial and oil crisis and the most recent the influenza outbreaks”.
Out of all these, the only factor which is certain is that the airport operators and owners will be continue to face the “ever demanding environments in which they are doing their business”.
In this response there are many airports, who have recognized the value of diversifying their current revenue streams “through a different kinds of landside property and infrastructure developments inside the airport boundary”.
At this point of time in Australia, it is the rite time for private airport corporations and the surrounding municipalities to take the decision to move towards this change.
The Airports Act of 1996, administers the aim of the preliminary research which says, “ to categorize an airport development occurring at the twenty-two privatized Australian Airports”.
It is believed that this new knowledge will benefit the and will assist the airport and the municipal planners to understand the current extent and the category of “on- airport land use, allowing them to make better decisions when proposing development both within airport master plans and beyond the airport boundary in local town and municipal plans”.
