FUTURE GENERATION AUSTRALIA LIMITED — Capital/Financing Update 2008

Apr 30, 2008

Total pages: 18

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ASX Announcement

Australian Infrastructure Fund (AIX)

1 May 2008

Perth Airport announces its ‘vision for the future’

Perth Airport today announced its ‘vision for the future’ to redevelop Perth Airport into one of the best airports in the Asia Pacific region.

The vision outlines a three phase redevelopment over a five to seven year period, with capital investment of up to $1 billion.

AIX Chief Executive Officer Jeff Pollock said, “Perth Airport has undergone unprecedented passenger growth over the past few years and this growth is expected to continue. The ‘vision for the future’ outlines a sensible approach to managing the numerous issues involved.”

The redevelopment is expected to consolidate the majority of airport operations into the international terminal. Phase one of the redevelopment is likely to be a new terminal dedicated to servicing internal Western Australian routes and some interstate services. Work on phase one is scheduled to commence in the second half of the 2008 calendar year and is expected to be completed within two years.

Attached is an announcement from Perth Airport.

AIX owns 30.75 percent of Perth Airport and it represents 28.1 percent of the AIX portfolio.

For further enquiries, please contact:

Jeff Pollock Chief Executive Officer

Australian Infrastructure Fund Tel: +61 3 9654 4477 Fax: +61 3 9650 6555 Email: investor_relations@hfm.com.au Website: www.hfm.com.au

Simon Ondaatje

Head of Investor Relations

Hastings Funds Management Tel: +61 3 9654 4477 Fax: +61 3 9650 6555 Email: investor_relations@hfm.com.au Website: www.hfm.com.au

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Claire Filson Company Secretary

Australian Infrastructure Fund

Unless otherwise stated, the information contained in this document is for informational purposes only. It does not constitute an offer of securities and should not be relied upon as financial advice. The information has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person or entity. Before making an investment decision you should consider, with or without the assistance of a financial adviser, whether any investments are appropriate in light of your particular investment needs, objectives and financial circumstances. Neither Hastings, nor any of its related parties, guarantees the repayment of capital or performance of any of the entities referred to in this document and past performance is no guarantee of future performance. Hastings, as the Manager or Trustee of various funds, is entitled to receive management and performance fees.

www.hfm.com.au

Date: Embargoed until 11.00am, 1 May 2008

No. of pages: 1

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PERTH AIRPORT ANNOUNCES ITS VISION FOR THE FUTURE

Perth Airport has announced a $1 billion vision for the future of air travel in Western Australia.

Over the next five to seven years a phased redevelopment will transform Perth Airport into one of the best airports in the Asia Pacific region.

Under the vision announced today, Phase 1 will be a new terminal dedicated to internal Western Australian air services and some interstate flights. Phases 2 and 3 will deliver new international and domestic terminal facilities. All the facilities will be collocated around the site of the existing international terminal. It is anticipated that Phase 1 will be completed within the next two years. The new terminal facilities will be supported by an airport hotel, multi-storey car park and a new administration centre for airlines and government agencies.

A high growth market

Perth Airport CEO Brad Geatches said the launch of the future vision for Perth Airport came at a time when Perth Airport was experiencing record growth.

“Over the past five years domestic passenger movements at Perth Airport have increased by more than 85 per cent and in 2007 Perth Airport achieved its passenger traffic forecasts for 2016. This is rate of growth is unprecedented for large airports in Australia. This growth is set to continue with low fare carriers Jetstar and Tiger now making an impression on the Western Australian market.”

In the international sector Perth Airport is now seeing very strong growth, with passenger numbers increasing by nearly 10 per cent during 2006-07 and likely to exceed 12 per cent during 2007-08. Future international passenger growth was likely to be buoyed by Perth Airport’s proximity to emerging high growth markets in Asia and the Middle East.

“It is this growth across domestic, international and regional sectors which creates the right environment for Perth Airport to bring forward its vision for expansion and redevelopment”, Mr Geatches said.

Terminal WA – serving our regions

A new terminal dedicated to regional Western Australian air services – “Terminal WA” – was likely to be delivered within the next two years.

Mr Geatches said the commitment to Terminal WA during Phase 1 of the new Perth Airport project reflected the massive growth in this sector in recent years and the importance of Perth Airport in the supply chain of the resources sector.

“Regional services are our fastest growing market segment in terms of aircraft movements. In 200506 the volume of regional traffic increased by 42 per cent, and increased by a further 48 per cent in 2006-07”.

Westralia Airports Corporation Pty Ltd A.C.N 077 153 130 A.B.N 24 077 153 130 2 George Wiencke Drive, Perth Airport PO Box 6 Cloverdale Western Australia 6985 Telephone: +61 8 9478 8888 Fax: +61 8 9277 7537 E-Mail: perthairport@wac.com.au Web Site: www.perthairport.com

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“Perth Airport is a vital element in Western Australia’s resources sector, providing a commuter hub for the many thousands of fly-in fly-out workers who are employed on resources projects in remote locations throughout the State. The new terminal for flights within Western Australia will provide these workers with a superior travel experience, with a good retail offering and easy access to price effective long term car parking.”

Mr Geatches said that Terminal WA would also have sufficient capacity to handle larger aircraft used on interstate services.

“This will be a substantial building, larger than Terminal 3 which is currently used by Virgin Blue, Skywest, Alliance and Tiger. It will be able to handle a range of aircraft types, from medium sized turboprops up to Boeing 737 and Airbus A320 services.”

New domestic and international facilities

New domestic and international terminal facilities delivered during phases 2 and 3 would form the centrepiece of the new Perth Airport. Concept designs are still being developed, but it was likely that these would see major redevelopment of the existing international terminal and the construction of new terminal space. It is possible that the existing international terminal building structure could form the basis of new domestic terminal facilities.

For international travellers Phases 2 and 3 will deliver superior terminal facilities.

“New airport technology, better baggage handling facilities and more space will enable the fast, efficient and safe processing of departing and arriving passengers. Border control government agencies will be consulted in detail to ensure that the new airport layout provides them the area they need to perform their roles as effectively as possible”, Mr Geatches said.

Domestic services will gradually be relocated to the new terminal facilities during a phased transition from the existing domestic terminals. Mr Geatches said that domestic travellers to and from Perth experience journey lengths far greater than elsewhere in Australia and the new domestic facilities needed to ensure there is a high level of comfort and amenity.

The number of aircraft stands with aerobridges will increase substantially to cater for long term growth forecasts and new generation jet aircraft.

“Our initial plans show around 40 gates catering for narrow bodied jets and the new generation Boeing 787 Dreamliner and Airbus A380 aircraft, which will gradually become a feature at Perth Airport in the coming years.”

More parking and new airport hotels

The construction of a new multi-storey car park with links to each of the terminal buildings will remove once and for all concerns about parking at Perth Airport. This new facility is expected to be delivered in conjunction with the new terminal facilities during Phases 2 and 3. Discussions would continue with the Western Australian Government over a possible rail link to the airport and necessary improvement to roads around the airport, especially Tonkin Highway.

“The road network around Perth Airport is under serious pressure from general suburban traffic, reflecting Perth’s population growth in recent years. The announcement of clear plans and timing for

Westralia Airports Corporation Pty Ltd A.C.N 077 153 130 A.B.N 24 077 153 130 2 George Wiencke Drive, Perth Airport PO Box 6 Cloverdale Western Australia 6985 Telephone: +61 8 9478 8888 Fax: +61 8 9277 7537 E-Mail: perthairport@wac.com.au Web Site: www.perthairport.com

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a new Perth Airport should now enable the Western Australian Government to prioritise improvements to Tonkin Highway before the project is completed,” Mr Geatches said.

Perth Airport’s support for a new airport hotel will also provide much needed additional hotel capacity to the Perth market.

“The lack of hotel rooms in Perth is a serious constraint for the tourism industry and business generally. Transiting passengers need accommodation near to the airport and business travellers are demanding accommodation and meeting facilities at the airport to minimise travelling time to and from east coast cities.”

Improving existing domestic facilities

Mr Geatches acknowledged that the five to seven year timeframe to complete the new Perth Airport project would mean that appropriate investments in improved customer service will continue to be required in the current Domestic Precinct over the next 5 years

“Perth Airport is responding by rapidly delivering improvements at the domestic terminals to improve the customer experience until the new Perth Airport is built”, Mr Geatches said.

“Work has started on a new road network to improve the flow of traffic around the terminals and to separate taxis, buses and private vehicles. A new public link road is also being built to connect the domestic and international terminals, removing the need to use the Great Eastern and Tonkin Highways when travelling between the two precincts. This will be a major improvement, halving the time and distance to travel between the two precincts during the 5 to 7 years during which consolidation is taking place”

“Throughout 2008 and 2009 approximately 2,000 new long term parking bays will be constructed at the domestic terminals, with another 2,000 to be built before the end of 2010. Passengers using the long term car parks will be able to use a free high quality shuttle bus service to the terminals which will operate every 10 minutes. Before boarding the bus passengers will be able to collect their boarding passes using check-in kiosks inside air conditioned bus shelters.”

“These changes – and a $50 million terminal upgrade by Qantas - are happening now. Customers using the Qantas domestic terminal are already experiencing the improvements delivered in the first stage of the Qantas upgrade,” Mr Geatches said.

Creating a sense of Western Australia

Mr Geatches said that the detailed design of each of the new facilities at the new Perth Airport would reflect the character of Western Australia. Themes associated with the landscape, history and economy of the State would be incorporated. The indigenous community as the traditional owners of the land where Perth Airport sits would be consulted on appropriate forms of recognition in the design of buildings and public art.

“We want Perth Airport to be a place which Western Australians are proud to call their own. That is why our plans will produce more than an airport. As well as new terminal buildings, we are looking at building at a range of facilities and features that will make Perth Airport a destination in its own right. It will be a place which showcases the talent of local artists and commemorates the historic contribution of aviation in the growth of Western Australia. It will be a place which recognises the traditional Noongar owners of our land and the spiritual connection which still remains today.”

Westralia Airports Corporation Pty Ltd A.C.N 077 153 130 A.B.N 24 077 153 130 2 George Wiencke Drive, Perth Airport PO Box 6 Cloverdale Western Australia 6985 Telephone: +61 8 9478 8888 Fax: +61 8 9277 7537 E-Mail: perthairport@wac.com.au Web Site: www.perthairport.com

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Next steps

The concept design of the new Perth airport will continue without delay and consultation with Perth Airport’s airline partners.

“What we build at Perth Airport has an impact on the airlines and their passengers. It is only natural that we must reach consensus with our airlines on the nature and timing of developments. We also need to make sure that what we build is prudent and not over-engineered as ultimately the cost of new airport infrastructure is reflected in our airport charges and fares paid by consumers.

The final vision for Perth Airport will be confirmed in a Master Plan which Perth Airport is required to submit to the Commonwealth Government in 2009. Before the Master Plan can be completed, a wide ranging process of community consultation will be conducted by Perth Airport.

Before construction can commence on each stage Perth Airport is required under Commonwealth law to submit a Major Development Plan to the Federal Minister for Infrastructure, Transport, Regional Development and Local Government, the Hon. Anthony Albanese MP. Perth Airport has already commenced a wide consultation process throughout regional Western Australia to ensure that the Phase 1 development has strong community support. The final layout of the new Perth Airport will be confirmed in a Master Plan which Perth Airport is required to submit to the Commonwealth Government in 2009.

Mr Geatches said he expected to be able to publicly release concept designs for Phases 2 and 3 of the new Perth Airport by the end of 2008

• Ends -

MEDIA CONTACT: Malcolm Bradshaw General Manager, Corporate and Legal Affairs Perth Airport (Westralia Airports Corporation) Telephone: 9478 8484 Mobile: 0400 118 215

Westralia Airports Corporation Pty Ltd A.C.N 077 153 130 A.B.N 24 077 153 130 2 George Wiencke Drive, Perth Airport PO Box 6 Cloverdale Western Australia 6985 Telephone: +61 8 9478 8888 Fax: +61 8 9277 7537 E-Mail: perthairport@wac.com.au Web Site: www.perthairport.com

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Vision for the future.

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Vision for a new Perth Airport

Perth Airport holds a special place in the lives of many Western Australians. It is a place where we have greeted and farewelled friends and relatives. A place where we embarked on journeys across our nation and to the world. A place where many of us as new arrivals caught our first glimpses of Australia. And a place in our modern economy through which many of us travel to and from work.

2008 marks a defining moment in the history of Perth Airport. With a $1 billion vision for a new Perth Airport, an exciting phase of construction and redevelopment is about to begin.

Perth Airport will merge into a single hub around the existing International Terminal, with new terminal facilities delivered over a number of phases over the next five to seven years.

Phase 1 is expected to see a new terminal constructed serving internal Western Australian air services and some interstate services. It will be larger than the existing Terminal 3 which is currently used by Virgin Blue, Skywest, Alliance and Tiger Airways. This new facility will particularly suit workers on fly-in fly-out resources projects who will have quick access to their flights with convenient, low cost car parking nearby.

The adaptability of this new terminal will also enable carriers to grow their fleet from turboprop aircraft to medium sized jets and expand their market reach.

Phase 1 is expected to be completed within the next two years.

Phases 2 and 3 will see international and all other domestic services come together in new terminal facilities. The existing international terminal will be redeveloped, and along with newly constructed terminal building space, create a world class hub for domestic and international travellers. While the design for these new facilities is yet to be finalised, improved passenger processing and baggage handling is a priority for Perth Airport’s planners. One of the first improvements will be expanded capacity for international arrivals and departures, including more space for baggage reclaim, immigration, customs and quarantine.

Passenger amenities will be vastly improved, with more retail, better food and beverage offerings and greater space for airline and passenger lounges. The number of aircraft parking positions will be greatly increased. This will give the new Perth Airport the capacity to serve Western Australia well into the future.

A new airport hotel within easy walking distance of the terminal buildings is likely to be built. Travellers will have the added convenience of a place to stay immediately before and after a flight. Car parking capacity will receive a massive boost with a new multi-storey car park to be built with pedestrian connections to the terminal buildings. There will also be more low cost long term parking, supported by convenient shuttle bus services to the terminals.

With these changes the new Perth Airport will become an outstanding facility for the people of Western Australia and for the many thousands of visitors to our State. This is our vision and we are now set to deliver.

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Growing with Western Australia

Western Australia is enjoying boom conditions. The outstanding strength of our State’s economy has contributed to unprecedented growth at Perth Airport.

Between 2001-02 and 2006-07 domestic passenger movements at Perth Airport increased by 85 per cent. Perth Airport’s passenger traffic forecasts for 2016 were actually achieved in 2007! Traffic typically associated with fly-in fly-out operations increased by 45 per cent in 2005-06 and this was followed by an increase of 47 per cent in 2006-07. The long term domestic passenger growth trend of 4 to 5 per cent per annum has in recent years been replaced with growth of up to 15 per cent. This growth is even more startling given the decline in the aviation industry during 2001 and 2002.

The sustained high levels of growth at Perth Airport have greatly exceeded growth at any other Australian capital city airports. The level of air traffic associated with the resources sector at Perth Airport is without peer at any other major airport in the world.

Such high levels of unforeseen growth and unique air traffic patterns are the main reasons why investment in a new Perth Airport has been brought forward. Like any major infrastructure asset, the decision to invest cannot be made overnight and requires a significant planning lead time. This planning is well underway and is continuing without delay.

Perth Airport recognises that it is a vital link in the future growth of the Western Australian and Australian economies. The export earning capacity of the resources sector is facilitated

through Perth Airport’s safe and efficient handling of fly-in fly-out workforces. Tourism growth relies on an efficient and effective western gateway to Australia. The frenetic pace of business in Western Australia needs to be supported by strong airport capacity as Perth emerges as a major centre of international business.

Perth Airport is undoubtedly one of Western Australia’s most important infrastructure assets. Through new investment it will continue to grow to meet the needs of the buoyant Western Australian economy.

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Domestic passenger trends. International passenger trends.
7,000 3,000
6,000
2,500
5,000
2,000
4,000
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3,000
2,000 1,000
1,000 500
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Total Domestic Pax (000’s) Total International Pax (000’s)
1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008
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General aviation and domestic charter trend.

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350,000
300,000
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Actual Trend line
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1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
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A place in the city

Perth Airport will be a place which Western Australians are proud to call their own. It will be an interesting place which people enjoy visiting. Our plans will produce more than an airport.

As well as new terminal buildings, we are looking at building at a range of facilities and features that will make Perth Airport a destination in its own right. It will be a place which showcases the talent of local artists and commemorates the historic contribution of aviation in the growth of Western Australia. It will be a place which recognises the traditional Noongar owners of our land and the spiritual connection which still remains today.

Planning for transport links is a priority. Discussions are continuing with the State Government over a possible future rail link. Perth Airport is also in discussions with the State Government to ensure that Tonkin Highway and Great Eastern Highway are upgraded to meet the future needs of people travelling to and from Perth Airport.

Perth Airport’s 300 hectare conservation zone will be made more accessible to the public. This pristine area which is listed on the Register of the National Estate invites the fascinating contrast of wilderness against a backdrop of the intensive technology of a busy international airport. This is a hidden aspect of Perth Airport which will be made accessible without compromising the protection of the unique native plant and wildlife species in the area.

Working with stakeholders

Making the new Perth Airport a success requires the input of the people of Western Australia. For each new building project Perth Airport will submit a Major Development Plan to the Commonwealth Government, as required under Commonwealth law. Each Major Development Plan will involve consultation with a wide range of stakeholders, including State and Local Governments, the businesses which operate in and around Perth Airport, community groups and interested individuals.

Perth Airport will also be releasing a new Master Plan in 2009 which will provide a planning framework for future development. The Master Plan will be submitted to the Commonwealth Government for approval and be the subject of broad community consultation before it is completed.

As the final detailed plans for the new Perth Airport begin to emerge and as construction commences, Perth Airport is committed to keeping the people of Western Australia informed of progress. A dedicated new Perth Airport website will be available and regular updates will be published in local newspapers.

Future Parallel Runway

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Conservation
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Hotel
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Immediate improvements

Major improvements are being made to the current domestic terminal facilities to ensure that they can continue to operate effectively while the new Perth Airport is being built.

A new public link road will connect drivers between the existing domestic and international terminals. This will avoid the need to use Tonkin and Great Eastern Highways, and more than halve travelling time and distance.

More parking at the domestic terminals is a priority. 2000 more Long Term parking bays will be delivered in 2008 with a further 2000 throughout 2009 and 2010. Customers using the Long Term car parks will be able to use a complimentary shuttle bus service which will run every 10 minutes. Passengers will be collected from enclosed, air-conditioned bus shelters with electronic visual displays with updated flight schedules and next bus information.

New roads are being built which will reduce traffic congestion and make pick up and drop off at the terminals quicker and easier with dedicated lanes for taxis, buses and private cars. Pedestrian access will be improved and made safer with covered walkways and clear directional signage.

These improvements are in addition to a $50 million program by Qantas to upgrade the facilities in its own domestic terminal.

Perth Airport Vision: Consolidated Terminals

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Current
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Locality Map
Kingsford Smith Avenue
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e Horrie Miller Drive
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Aviation Maintenance
Future long term car park
Aviation Apron
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Leach Hwy
Tonkin Highway
Grogan Rd
Brearley Avenue
Hudswell Road
Great Eastern Hwy
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Next steps

Planning and building a new airport is a complex process. Perth Airport is continuing its discussions with airlines to ensure that new facilities meet their business and operational requirements. Plans for Phase 1 are now well advanced and construction is likely to commence before the end of 2008. Plans for Phase 2 and 3 terminal facilities will be finalised throughout 2008.

As each stage of the new Perth Airport is completed, operations in the existing Domestic Terminals will gradually relocate to the new terminal facilities. This staged process will ensure there are no major disruptions during the transition to a single precinct operation.

The journey towards a new Perth Airport will be exciting and challenging. Perth Airport is committed to delivering a world class airport to the people of Western Australia.

The journey has begun and the changes will start happening soon.

A new terminal for WA

A new terminal for Western Australia – ‘Terminal WA’ – is a priority for the new Perth Airport. It is expected to be the first stage in the overall airport consolidation into the current international precinct and be located at the heart of the new Perth Airport, near the existing International Terminal.

This new facility reflects the fact that air services from Perth Airport to regional Western Australia have doubled since 2005 and now account for more than 40 per cent of all aircraft movements. Much of this growth is linked to flights servicing resources sector projects in regional and remote locations in Western Australia.

Terminal WA will be single level and significantly larger than the existing Terminal 3 (which is used by airlines such as Virgin Blue, Skywest and Alliance). The single level design is the most suitable for the smaller jets and large turboprop aircraft which service regional locations. There will be parking capacity for approximately 34 aircraft.

Terminal WA will also have the capacity to handle larger jets such as the Boeing 737 and Airbus A320 which are commonly used on some regional and most interstate routes.

Construction of Terminal WA is expected to commence this year and be completed within two years.

Partnering with airlines and government

The 19 airlines operating at Perth Airport have an important role to play in future airport planning. Investment in airport infrastructure has a direct impact on the experience of airline customers, operating safety and efficiency, and the impact of air services on the environment.

The Commonwealth Government holds Perth Airport accountable to make suitable investments to ensure the airport meets community needs. Under the Airports Act Perth Airport will submit its major development plans for approval by the Federal Minister. This approvals process includes processes to gain public input into the airport plans.

It is also important to understand that the value of infrastructure investment is reflected in airport charges and the cost of air travel for consumers. It is therefore a priority for Perth Airport to seek to reach agreement with all airlines on the nature of new investments and the airport charges to support the investments. Airlines operating at Perth Airport have been supportive of the need to expand our capacity and improve customer service. Consultation will continue as we design the new Perth Airport.

Local Governments have an important role to play to ensure the airport expansion occurs in a way that is sensitive to the needs of the local communities that are impacted by the airport’s operations.

Perth Airport is pleased with the open dialogue that occurs with council officers and elected councillors. The Perth Airports Municipalities Group and Perth Airport Advisory Board are important forums through which our consultation with Local Government will continue during the development of the new Perth Airport.

Involvement of all tiers of Government in the redevelopment of Perth Airport is vital to future success.

Perth Airport is pleased with the support it continues to receive from the Western Australian Government on important infrastructure issues. Dialogue is continuing with the State Government on regional road network upgrades and future options for public transport.

perthairport.com

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Westralia Airports Corporation Level 2, 2 George Wiencke Drive Perth Airport, Western Australia 6105 PO Box 6, Cloverdale Western Australia 6985 Telephone +61 8 9478 8888 Fax +61 8 9478 8889

Per th Ai r P o r t FA c t S h e e t

Consolidating Perth Airport’s Domestic and International Terminals

• Until 1987 all of Perth Airport’s domestic and international services operated from a single terminal in the location of the existing domestic terminals.

• in 1987 the existing international terminal commenced operations on a site 1.3 kilometres to the east of the domestic terminals. the distance by public road between the domestic and international terminals is approximately 11 kilometres.

• Perth Airport’s Master Plans, which are submitted to the commonwealth Government in accordance with the requirements of the Airports Act 1996 , have always foreshadowed that domestic and international services would eventually be consolidated around the site of the existing international terminal. this design is also consistent with long term plans to eventually build a parallel main runway at Perth Airport.

• the unprecedented rate of growth in air services over the past five years has brought the date forward for consolidating the international and domestic terminals. this growth has included an 85 per cent increase in domestic passenger traffic since 2001-02.

• Perth Airport will merge into a single hub around the existing international terminal, with new terminal facilities delivered in a series of phases over the next five to seven years. During this period it is expected that nearly $1 billion will be invested in new facilities and supporting infrastructure.

• A phased consolidation will allow Perth Airport to continue to operate and grow while new terminal and airfield facilities are built.

• the new consolidated Perth Airport will include:

• A new facility dedicated to internal Western Australian flights and some interstate services

• More aircraft parking areas which will also accommodate new era aircraft such as the A380 and B787 Dreamliner

• New international and domestic terminal facilities designed to greatly improve the customer experience and adopting new technology in passenger processing

• Multi-deck car parking connected to the terminals and upgraded road interchanges

• one and possibly two airport hotels close to the terminals

• Provision for public transport connections into the new terminal area

• the current international terminal will be incorporated into the design of the new terminal facilities. one option being assessed is converting the current international terminal to domestic operations and constructing new international terminal facilities.

• construction of the first stage of consolidation will commence this year and is expected to involve delivering a new terminal designed specifically for domestic aviation within Western Australia, which now accounts for over 40% of all aircraft movements at Perth Airport. this terminal will also be capable of handling medium sized jet aircraft commonly used on interstate services.

• A new on-airport public link road between the existing domestic terminals and the international precinct will be constructed. this will avoid the need for drivers to use the Great eastern and tonkin highways when travelling between the two precincts, halving travelling time and distance.

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Future Parallel Runway
Perth Airport Vision: Consolidated Terminals
Conservation
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Conservation
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Affleck Road
Kingsford Smith Avenue
Hotel
Horrie Miller Drive Hotel Convenience Stores Horrie Miller Drive
International
and Domestic
Terminals Additional Transport Link & Hub Convenience Stores Link road
short term to Domestic
Current car park Terminals and
InternationalTerminal Sugarbird Lady Road Leach Highway
Terminal
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Future long term car park
Aviation Apron
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Per th Ai r P o r t FA c t S h e e t

The importance of airlines, government and public consultation

Airlines have an important role to play

the 19 airlines operating at Perth Airport have a significant interest in airport planning. the investments made in Airport infrastructure impact nearly every aspect of each airline’s operations.

• What Perth Airport builds, will impact:

• the experience of airlines’ customers

• airlines’ operating safely and efficiently

• the environment - important given the challenges of climate change

• the total spent on construction flows through to airport charges and the cost of air travel

For these reasons it is necessary for Perth Airport to seek to reach agreement with all airlines on the nature of investments in airport improvements and also the airport charges to support the investments. the Australian competition and consumer commission (Accc) is required by the Federal Government to monitor airport charges at Australia’s capital city airports. the Government’s Airport Pricing Guidelines seek to actively encourage direct commercial negotiations between airports and airlines.

Airlines operating at Perth Airport have been understanding and supportive of the need to expand capacity and improve customer service. consultation with airlines will continue as we continue to design the new Perth Airport. Airlines naturally expect Perth Airport to deliver cost effective solutions.

Consultation with Federal, State and Local Governments is Vital

Perth Airport cannot and does not operate in isolation from the communities that it services. involvement of all tiers of Government in the redevelopment of Perth Airport is vital to future success.

Perth Airport is pleased with the support it continues to receive from the Western Australian Government in relation to important infrastructure issues. Dialogue is continuing with the State Government on road network upgrades that are needed to support the growth of the airport. Now that the decision has been made to consolidate the airport the parameters for State Government road network planning are clear.

the State Government is also working with Perth Airport to assess public transport options to support the airport in the long-term. Perth Airport will include in its planning the corridors which are needed for public transport infrastructure.

the Federal Government holds Perth Airport accountable under the airport lease to make suitable investments ensuring the airport meets communities needs. Under the Airports Act 1996 Perth Airport will submit its Major Development Plans to the commonwealth Government for approval. this approvals process includes processes to gain public input into the airport plans.

Local Governments have an important role to play to ensure the airport expansion occurs in a way that is sensitive to the needs of the local communities that are impacted by airport operations.

Perth Airport is pleased with the open dialogue that occurs with council officers and elected councillors. the Perth Airports Municipalities Group and Perth Airport Advisory Board are important forums through which our consultation with Local Government will continue during the development of the new Perth Airport.

Perth Airport cannot plan and deliver airport expansion plans in isolation.

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Per th Ai r P o r t FA c t S h e e t

Domestic terminals – more parking and better roads

Building the new consolidated Perth Airport in the current international precinct will happen in a series of phases over the next five to seven years.

this staged approach is necessary because of the sheer scale of current domestic services that account for nearly two thirds of airport passenger movements.

Perth Airport and the domestic airlines recognise the need to improve their customers’ experience in the domestic precinct. even though it is proposed to progressively transfer domestic operations across the airport, there is an ongoing need for sensible investments to improve customer service.

Qantas Airways, which operates its domestic terminal under a long-term lease, is making a series of investments to improve its facility. the first of these improvements, a new baggage reclaim area, was put into service in April 2008. this project also includes removing the wall between the existing two terminals, improving passenger flow and easing congestion. other significant improvements will be delivered by Qantas over the next 18 months, ensuring a greater improvement in their customers’ experience.

Perth Airport is also making investments in the neighbouring Domestic terminal (servicing airlines such as Virgin Blue, Skywest and Alliance) as well as car parking and road networks.

these investments will deliver:

• 2000 more parking spaces in 2008 and a further 2000 parking bays throughout 2009 and 2010.

• improved access from car parks to the terminals, including undercover walkways and regular free shuttle bus services to/from the long-term car parks which will operate every 10 minutes.

• the shuttle bus service will be a premium product, with buses specially engineered for passenger convenience. enclosed, air-conditioned bus shelters will contain electronic visual displays with updated flight schedules and next bus information.

• improvements to the roads and pedestrian access in the front of the terminals to reduce congestion. this will include dedicated lanes separating taxis, buses and public pick-up and drop off zones.

A new on-airport public road connecting the domestic and international precincts will be constructed within the next 18 months. this will avoid the need to use tonkin and Great eastern highways, and more than halve travelling time and distance.

this new on-airport road is important to support the staged consolidation of the airport which will occur over the next five to seven years.

the road works which have recently commenced on Brearley Avenue are the first stage of improved car park, terminal access and the new road connecting the domestic and international precincts.

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Domestic Terminal
Car
Car park rental
area
Car park
Car park
Car park Car park
To the International Terminal
T2
T3
Wiencke Dve
Dunreath Avenue
Miller Road
George
Ross Drive
Fauntleroy Avenue
Henderson Avenue Boud Avenue
Snook Avenue
Brearley Avenue
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Domestic Terminal Improvements

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Terminal Frontage Legend
Taxi pick up
Bus, Taxi, SCV set down
Public drop off /set down
FastTrack entry
Covered walkways
Roads Legend
Roads under construction
Resurfacing of road
Future public road to International Terminal
Future courtesy shuttle bus stops
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Per th Ai r P o r t FA c t S h e e t

Unprecedented demand for Perth Airport services

During the past five years Perth Airport has experienced unprecedented growth in demand. the number of passengers using the airport in 2007-08 is forecast to exceed 9 million, up from 4.8 million during 2001-02.

Domestic Passengers – Continuing Strong Growth

• in the domestic sector (using the Qantas terminal and neighbouring terminal) the long-term average growth rate of passenger movements to 2001 was 4.5% per annum. Since 2001 that growth rate has increased to over 12% per annum. this means the number of passengers using the domestic terminals has increased by over 85% in six years.

• in 2007-08 domestic passenger movements are forecast at 6.6 million, up from 3.2 million in 2001-02. this rate of growth is expected to continue.

• the introduction of tiger Airways to the domestic market has prompted a strong competitive response from Jetstar. Perth currently has the least exposure to the low cost carrier airline model in comparison to other Australian capital cities. there is clearly significant potential for growth within this emerging market sector.

Perth well located for “The Century of Asia”

• the annual growth rate has also accelerated in the international sector and has increased the use of the international terminal. in 2007-08 international passenger movements are expected to reach 2.5 million, up from 1.6 million in 2001-02 with a total increase over the period of approximately 36 per cent.

• Perth is only five hours flying time from South east Asia and is the only Australian airport where aircraft can turn around within 24 hours from the Middle east. these market advantages will contribute to strong future international growth.

Regional Aviation - Takes Off

• the strength in Western Australia’s resources sector has seen a dramatic increase in air services within regional Western Australia.

• Perth Airport plays a vital role for these industries as they depend on aviation to get their employees to and from work.

• in the past two and a half years regional air services have doubled and now account for over 40% of all aircraft movements at Perth Airport.

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Domestic passenger trends. International passenger trends. General aviation and domestic charter trend.
7,000 3,000 350,000
6,000 300,000
2,500
250,000
5,000
2,000 200,000
4,000 150,000
1,500
3,000 100,000
2,000 1,000 50,000
0
1,000 500
0 0 Year end 30 June
Actual Trend line
Landed tonnes
Total Domestic Pax (000’s) Total International Pax (000’s)
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008
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Per th Ai r P o r t FA c t S h e e t

A new terminal for Western Australia

• Air services from Perth Airport to regional Western Australia have doubled since 2005 and now account for more than 40 per cent of all aircraft movements.

• Much of this growth is linked to flights servicing resources sector projects in regional and remote locations in Western Australia. the resources sector is experiencing massive growth through its exposure to growth markets overseas, particularly china.

• Perth Airport provides an essential link in the resources sector supply chain. the preference for fly-in fly-out workforces on major projects means that Perth Airport is a busy hub for workers travelling to and from work.

• regional aviation in Western Australia is additionally being buoyed by strong general economic conditions in major regional centres and growth in Western Australian tourism.

• high levels of growth in regional aviation is forecast to continue, Perth Airport is investing in a new terminal – ‘terminal WA’ – to meet the needs of this highly important market sector.

• terminal WA will be a single level facility, larger than the existing terminal 3 (servicing airlines such as Virgin Blue, Skywest and Alliance). the single level design is most suitable for smaller jets and large turboprop aircraft which service regional locations.

• terminal WA will have the capacity to handle larger jets such as the Boeing 737 and Airbus A320 which are commonly used on some regional and most interstate routes.

• Delivering terminal WA is a high priority for Perth Airport. it is expected to be the first stage in the overall airport consolidation.

• Design of the new terminal and supporting infrastructure is well advanced. Discussions with those airlines that would benefit from operating in the new facility are continuing.

• Key features of the design include:

• A floor area larger than each of the existing domestic terminals. > Parking for up to 34 aircraft.

• covered walkways between the terminal and aircraft for passengers.

• Provision in the design for aerobridges if airlines require them.

• club lounges for airlines that wish to offer this product.

• An enhanced retail experience with products that are important to WA travellers.

• construction of terminal WA is expected to commence this year and be completed within two years.

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Artist’s impression: Terminal WA
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