Newcastle although reaping the rewards in pax numbers is in serious need of investment. Being a council owned business it's run with out experienced airport/aviation management.
It's strategic location to Sydney is offering many around the Syd/Central and North Coast basin another option. However with the terminal in desperate need of an upgrade mixed in with council bureaucracy and lack of funding they are missing out on massive opportunities.
Newcastle City Council and Port Stephens Councils need to sell it off and allow a cashed up consortium to really run it to its maximum potential.