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Kingscote Airport Business Case - Kangaroo Island Council - SA ...

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<strong>Kangaroo</strong> <strong>Island</strong> <strong>Airport</strong> Upgrade <strong>Business</strong> <strong>Case</strong><br />

7 Project financials 49<br />

7.1 Construction phase 49<br />

7.2 <strong>Airport</strong> operations 49<br />

7.2.1 Historical operations 49<br />

7.2.2 Forecast operations 50<br />

7.3 Funding requirement 54<br />

8 Economic benefits 55<br />

8.1 Direct and indirect benefits 55<br />

8.1.1 Construction phase of airport upgrade 55<br />

8.1.2 Operating phase 56<br />

8.1.3 Economic benefits from increased tourism 58<br />

8.2 Local economic development 60<br />

8.3 Strategic importance 61<br />

8.3.1 Commonwealth government 61<br />

8.3.2 State government 62<br />

8.3.3 Local government 64<br />

8.4 Net benefits to the community 65<br />

9 Capability and project delivery 66<br />

9.1 Delivery of projects 66<br />

9.2 Operation of the airport 67<br />

9.3 Delivery of this project 68<br />

9.4 Support for the upgrade 69<br />

9.4.1 Direct support for the delivery of the project 69<br />

9.4.2 Organisations contracted as part of the upgrade<br />

project 69<br />

9.5 Strategies that support increases in air travel 70<br />

10 Risk analysis 72<br />

10.1 Risks to be dealt with during the project 72<br />

10.2 Risks to be dealt with if the project does not proceed 73<br />

11 Glossary 74<br />

A Appendix - Pacific Aviation Consulting Report 76<br />

B Appendix - Tonkin Consulting Report 77<br />

C Appendix - EconSearch Report 78<br />

D Appendix - Development Plans 79<br />

May 2013<br />

2

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