Business Case for the SunShine CoaSt airport Master Plan

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Background 2.1 Project Scope PricewaterhouseCoopers (PwC) has been engaged by the Sunshine Coast Regional Council (SCRC) to undertake an appraisal of the Sunshine Coast Airport (SCA) Master Plan. The Master Plan was initially adopted by the Maroochy Shire Council (as predecessor to the SCRC) in 2007 and provides a work program for the development of airport infrastructure to 2020. Since 2007, SCRC has reviewed the scope of the Master Plan and has undertaken additional planning and analysis work, particularly in relation to the addition of a proposed second runway (Runway 13/31) at SCA. Due to the large-scale capital investment required to complete the second runway and associated projects, SCRC requires a cost-benefit analysis (CBA) of the projects to support its submission to the Commonwealth and State Governments for funding assistance. This report provides an appraisal of the Master Plan projects, with a particular focus on the commercial and economic assessment of the proposed Runway 13/31. In particular, the project brief includes: • A CBA of the proposed projects under the Master Plan, with a strong emphasis on the proposed Runway 13/31 • An Economic Impact Assessment (EIA) to support the CBA • Calculation of economic and financial metrics, including Benefit Cost Ratio and Net Present Value, and • Sensitivity testing against changes in key variables including forecast demand and capital costs. To support the analysis required in the project brief, PwC has also undertaken a commercial assessment of the runway projects and (on a more limited basis) other Master Plan projects. This report sets out the key assumptions and finding of our analysis as required in the project brief. Appendix A sets out the full details of the original project brief. Sunshine Coast Airport 6 PricewaterhouseCoopers
Background 2.2 Contract requirements and scope exclusions NOT FOR PUBLIC RELEASE Sunshine Coast Airport PricewaterhouseCoopers 7
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Business Case for the Sunshine Coas
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0 60 120 240 360 480 600 Meters Whi
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Sunshine Coast Airport Master Plan
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Acknowledgement This Master Plan ha
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1 Executive Summary 1.1 Introductio
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1.6 Peak Stand Demand FIGURE 1-3 BU
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TABLE 1-2 PARKING DEMAND FORECAST Y
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1.12 2020 Master Plan A layout show
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1 Introduction 1.1 Sunshine Coast A
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723 submissions were received from
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2 Aviation Demand Forecast 2.1 Hist
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FIGURE 2-3 HISTORIC AND FORECAST AN
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FIGURE 2-6 HISTORIC AND FORECAST AN
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2.5 Peak Stand Demand Peak stand de
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FIGURE 3-1 RPT APRON LAYOUT 3.3.2 G
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4 Passenger Terminal 4.1 Terminal T
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FIGURE 4-1 2020 TERMINAL LAYOUT CON
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access road is constructed the airp
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6 Runways 6.1 Existing Facilities S
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The public consultation which accom
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7 Taxiways 7.1 Runway 18/36 Taxiway
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Sunshine Coast Airport has recently
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FIGURE 8-1 AVIATION SUPPORT FACILIT
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9 Master Plan 9.1 2020 Master Plan
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10 Environmental Impacts 10.1 Aircr
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Arrivals, departures and training c
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♦ Figure 10-2 : 2025 New Runway 1
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10.1.8 Flight Path Movement Chart I
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Boronia rosmarinifolia Eucalyptus c
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FIGURE 10-8 OBSTACLE LIMITATION SUR
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Development Commence detailed studi
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Appendices Appendix A - Schedule of
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Date Organisation Position 28-04-05
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Appendix B - SCA Public Participati
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A media relations campaign was also
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appendix b Project Implementation S
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New Runway Project Strategy Documen
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New Runway Project Strategy Glossar
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New Runway Project Strategy Table o
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New Runway Project Strategy Executi
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New Runway Project Strategy Milesto
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New Runway Project Strategy Feasibi
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New Runway Project Strategy Project
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New Runway Project Strategy 1. Intr
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New Runway Project Strategy 2.4.2.
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New Runway Project Strategy obligat
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New Runway Project Strategy 2.10. F
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New Runway Project Strategy 3. New
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New Runway Project Strategy 3.6. As
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New Runway Project Strategy 3.9.1.
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New Runway Project Strategy 4. Stak
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New Runway Project Strategy 5. Feas
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New Runway Project Strategy 6. Work
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New Runway Project Strategy 7. Proj
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New Runway Project Strategy 8. Proj
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New Runway Project Strategy Council
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New Runway Project Strategy o New b
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New Runway Project Strategy 9.4. Fo
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New Runway Project Strategy 10.7. R
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New Runway Project Strategy Vol X.0
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New Runway Project Strategy 12. Pro
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New Runway Project Strategy 13.5. R
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New Runway Project Strategy preferr
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Appendix 1 to Sunshine Coast Airpor
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Sunshine Coast Airport Traffic Fore
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10. Glossary.......................
Page 182 and 183: 2 2. Sunshine Coast Airport Traffic
Page 184 and 185: 4 Table 2.1: Sunshine Coast Airport
Page 186 and 187: 6 2.3 Current Airline Services As a
Page 188 and 189: 8 3. Forecast Approach & Review of
Page 190 and 191: Australian aviation has not felt th
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Page 198 and 199: In the IVS and NVS the ‘Sunshine
Page 200 and 201: 20 • The Sunshine Coast’s labou
Page 202 and 203: 22 5. Forecast Scenarios and Outcom
Page 204 and 205: 24 o New Asian route(s) added leadi
Page 206 and 207: Figure 5.1 presents the passenger m
Page 208 and 209: 28 6. Busy Hour Analysis 6.1 Review
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Page 212 and 213: 32 Table 7.2: Sunshine Coast Gross
Page 214 and 215: 34 8.2 Current Airline Routes and F
Page 216 and 217: 36 9. Attachment 3: Potential Impac
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Page 220 and 221: 40 DISCLAIMER The Forecasts describ
Page 222: Sunshine Coast Airport Airport Mast
Page 227 and 228: 1 Executive Summary
Page 229 and 230: Executive Summary The types of econ
Page 231: 2 Background
Page 235 and 236: Background Sunshine Coast Airport P
Page 237 and 238: Approach and methodology 3.1 Overvi
Page 239 and 240: Approach and methodology 3.2 Method
Page 243 and 244: Approach and methodology Components
Page 245 and 246: Approach and methodology Components
Page 247 and 248: Approach and methodology 3.4.4 Othe
Page 251 and 252: Results and discussion 4.1 Overview
Page 253 and 254: Results and discussion 10,000 Passe
Page 255 and 256: Results and discussion PV Revenue -
Page 257 and 258: The NPVs for each of the precincts
Page 259 and 260: Results and discussion 4.4 Economic
Page 261 and 262: Results and discussion PV monetised
Page 263 and 264: Results and discussion Indirect emp
Page 265 and 266: Results and discussion 4.5 Consolid
Page 267 and 268: Results and discussion 4.5.1 Result
Page 269 and 270: Results and discussion The overall
Page 271 and 272: Results and discussion Economic ind
Page 273 and 274: Results and discussion Alternative
Page 275 and 276: 5 Conclusions and recommendations
Page 277: Appendices
Page 280 and 281: Appendix B Key assumptions NOT FOR
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Appendix D Demand Summary NOT FOR P
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pwc.com.au © 2009 PricewaterhouseC
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0 2.5 5 10 15 20 Kilometers 1 cm =
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appendix f Infrastructure Australia
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INFRASTRUCTURE AUSTRALIA REFORM AND
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ü Build on Australias global compe
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Stage 1: Goal Definition national a
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Stage 1: Goal Definition which is i
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Stage 1: Goal Definition and operat
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Stage 2 and 3: Problem Identificati
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Stage 2 and 3: Problem Identificati
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Stage 4: Problem Analysis Outline t
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Stage 5: Option Generation The Bris
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Stage 5: Option Generation Convenie
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Stage 5: Option Generation vii. inc
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Stage 5: Option Generation charges
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INFRASTRUCTURE AUSTRALIA REFORM AND
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DETAILED APPRAISAL This section set
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Cost Estimation The capital and ope
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A risk assessment should be underta
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Non-Monetised Benefits and Costs Th
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Discounted airfares provided by low
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30m wide runway. SCA is one of four
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SCA is included in the regional pla
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SCRC’s draft economic development
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Key directions to guide the prepara
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It is estimated that the current te
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· $143m for other Master Plan proj
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Operating costs have not been indep
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The number of passenger hours saved
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Airline savings are calculated usin
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Incremental expenditure is calculat
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23 | P a g e KEY ASSUMPTIONS UNDERP
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Appraisal Summary Table 2 MONETISED
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Incremental returns from leased pre
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Savings from avoided out-bound dela
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As noted above, all outputs for the
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6 | P a g e Airline savings from av
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Sensitivity test # Variation Benefi
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Appraisal Summary Table 4 NON-MONET
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Appraisal Summary Table 5 INFORMATI
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DELIVERABILITY ASSESSMENT Criteria
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DELIVERABILITY ASSESSMENT time, as
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DELIVERABILITY ASSESSMENT 5.Does th
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Business Case for the SunShine CoaSt airport Master Plan

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