Western Sydney Airport Refusal

Sydney Airport has today announced it will not be taking up the option to build and operate the new Western Sydney Airport.

Following extensive studies they have made the determination that the costs are too great to burden against their investors over such a long period before there would be any potential return on the investment.

The Federal Government has since announced it will build the airport which is due to be operational my the mid to late 2020s.

You can read Sydney Airport’s press release here.

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