by peterjames » Tue 15 Apr 2014, 03:47:22
Sydney airport is still going to run as per normal, thus the realestate aint going benefit anyone to any great extent. On the other hand, the new airport will be on cheaper land, so has the potential to decrease the value of sydney airport (after all, no one goes to park or eat at the airport unless catching a plane.
The odd thing about it tho, is that the two biggest users (and probably others) are airlines that are losing money. One can only assume that if the airlines charged fares that made money, then there may be less demand for their services. In a world of increasing oil costs, and oil supply decreasing, you do have to wonder what will be using the new airport by the time it is built.