Business Case for the SunShine CoaSt airport Master Plan

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Results and discussion 4.4.3 Employment In addition to the benefits calculated for inclusion in the BCR, we additionally considered employment as a commonly-reported economic indicator. The total employment (wage impact) generated by the runway and wider master plan is not included in the calculation of the BCR, NPV or IRR as it is typically included within other categories such as incremental expenditure (a portion of which goes towards employee wages). Based on a bottom-up calculation of expected employment generated through construction and operation of the new runway, terminal and commercial precincts, the expected incremental employment expected to be generated by the Master Plan is approximately 5,385 (FTE equivalent at peak operations, plus employment during construction). This includes an additional 25 employees per 100,000 passengers for RPT activities, in addition to employment created by each of the commercial precincts. This estimate is broadly consistent with employment statistics published for other airport infrastructure developments and SCA’s current operations, though it includes a full-take up assumption for proposed commercial operations. For example, the Economic Impact Statement for the Brisbane Airport new parallel runway reported an expected increase in employment during construction of 2,700 in 2009 (the peak year for construction) and ongoing additional employment of 7,800. This can be compared to the SCA’s estimate of total incremental employment during construction of approximately1,580 (peak employment during construction is 473 FTE in 2018) for Runway/RPT projects only (2,475 for total Master Plan construction). Indicative employment estimates are presented below: Project Estimated employment Employment during construction Runway projects 1,580 SCA precincts 545 Commercial precincts 350 Operations Runway/RPT operations 950 SCA precincts 210 Commercial precincts (excluding northern precincts) 1,750 Total employment Master Plan (excluding northern & other precincts) ≈ 5,385 Based on ABS data in relation to construction industry wages and Queensland wages, the present value of incremental direct employment generated by the Master Plan is approximately $1,450m. Further work will be undertaken in future to refine estimates of total direct employment under the Master Plan. Sunshine Coast Airport 36 PricewaterhouseCoopers
Results and discussion Indirect employment Based on a benchmark ratio of $0.33 of wages generated per $1 spent in the Sunshine Coast region, the present value indirect employment impact of the Master Plan over the model period to 2050 is $957m. This reflects additional employment of approximately 3,400 FTE, or 1.58 employees per thousand passengers. The ratio of indirect employment per thousand passengers is broadly consistent at comparison airports (e.g. Gold coast airport - 1.716 employees per thousand passengers; Sydney Airport – 2.44 employees per thousand passengers). Sunshine Coast Airport PricewaterhouseCoopers 37
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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.......................
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2 2. Sunshine Coast Airport Traffic
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4 Table 2.1: Sunshine Coast Airport
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6 2.3 Current Airline Services As a
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8 3. Forecast Approach & Review of
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Australian aviation has not felt th
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In its review of possible strongly
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14 • Qantas Group firm orders red
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16 • Melbourne-Shanghai services
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In the IVS and NVS the ‘Sunshine
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20 • The Sunshine Coast’s labou
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22 5. Forecast Scenarios and Outcom
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24 o New Asian route(s) added leadi
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Figure 5.1 presents the passenger m
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28 6. Busy Hour Analysis 6.1 Review
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30 Seats/Aircraft: Table 6.3: Busy
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Page 214 and 215: 34 8.2 Current Airline Routes and F
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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 and 232: 2 Background
Page 233 and 234: Background 2.2 Contract requirement
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: Results and discussion PV monetised
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
Page 282 and 283: Appendix D Demand Summary NOT FOR P
Page 284 and 285: pwc.com.au © 2009 PricewaterhouseC
Page 286 and 287: 0 2.5 5 10 15 20 Kilometers 1 cm =
Page 288 and 289: appendix f Infrastructure Australia
Page 291 and 292: INFRASTRUCTURE AUSTRALIA REFORM AND
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Page 301 and 302: Stage 2 and 3: Problem Identificati
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Page 307 and 308: Stage 5: Option Generation The Bris
Page 309 and 310: Stage 5: Option Generation Convenie
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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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