The following link applies to all airports, forgive me for posting in the Newcastle forum however it's NCL that is of interest to me and I believe that Newcastle have been getting carried away with their growth predictions. Too much spin and I don't know what to believe, over 9 million pax by 2013 for NCL is one such prediction that I heard recently, that is an extra 4 million in just 8 years, how have they arrived at this figure? Do those of you who contribute to this forum believe that this is achievable? Anyone heard what the prediction is for 2030?
The government's aviation white paper which contains the key forecast that air travel will double by 2030. This forecast is the key justification for a whole raft of airport expansion projects across our country with costs running into billions.
The issue is that the forecast is based on flights getting cheaper, GDP growth averaging 2.25% both unlikely and the real clanger, that oil price will stabilise at $25!!!
Aviation White Paper Disaster