Originally Posted by
slamer.
NZIER savages Wgtn runway extension plan
NZIER questioned analysis by international aviation consultancy INTERVISTAS on its assumptions about the potential growth of tourist and other travellers from China and South-East Asia, saying likely growth from China, in particular, was overstated.
"The forecasts for China and other Asia grossly overstate likely visitor arrivals by understating the maturity of these markets will occur well before 2060, 2050, 2040 or even 2030," the NZIER report says. "The forecasts are too bullish relative to the rates of population and income growth in China that will wane as the population ages.
Talk about covering all your bases, ridiculous statement, grasping at straws....
