Landing fees to fund second runway

The article says Brisbane Airport is building a second, 3.3 km parallel runway as part of a $1.35 billion project described as essential infrastructure.

According to the article, funding for the $1.35 billion runway is expected to come from an increase in airline landing fees, with passengers expected to soak up the cost.

The article states that passengers are expected to absorb the increase in airline landing fees used to fund the runway construction.

The article reports the $1.35 billion project is expected to be completed by 2020.

The planned runway is 3.3 km long. Deputy Prime Minister Warren Truss called the parallel runway an 'absolutely essential piece of infrastructure,' highlighting its importance for the region.

Per the article, passengers are likely to bear the cost of higher landing fees, which suggests everyday flyers could face higher travel-related charges as a result of funding the runway.

Deputy Prime Minister Warren Truss described the 3.3 km parallel runway as an 'absolutely essential piece of infrastructure,' according to the article.

The article does not provide detailed investor guidance; it only notes the project cost ($1.35 billion), the funding mechanism (higher landing fees), the runway length (3.3 km) and the expected completion date (by 2020).