Airport Planning and Development Project
Similar to ownership structures, the aspect of surface access determines the economic growth of airport because it gives the passengers means to get access to and from airport. This report will compare Manchester Airport and Melbourne Airport evaluating the aforementioned aspects. Contents Abstract 2 Introduction 2 Ownership Structures 3 Institutional Ownership 5 Insider Ownership 5 General Public Ownership 6 Private Company Ownership 6 Surface Access 6 Ground Transport- Rail connection 7 Bus and coach 8 Road 9 Parking 10 Conclusion 11 References 12 Introduction Airports connects us to the rest of the world, generates economic benefits while crating good impressions of cities and towns. Therefore the various aspects in planning of airports must be well thought to ensure that it is designed to accommodate growth while ensuring collaborative cooperation with stakeholders. The ownership structures and the surface access are two crucial aspects that must be evaluated.
However later, the Greater Manchester Councils found it fit to have a dedicated company to manage Manchester Airport. Consequently, Manchester Airports Group (MAG) was formed in the year 2001 to manage and operate Manchester Airport together with its small acquisitions. Among the services being run and operated by MAG includes ground operation services and baggage handling, car-parking, fire-fighting, airport security, advertising and motor transport services. The approach used by Manchester Airport sees 10 local authorities of the Greater Manchester own a majority of Manchester Airports Group with the Manchester City Council owning 35. The remaining Metropolitan Boroughs of Bury, Bolton, Stockport, Rochdale, Tameside, Oldham, Trafford, Salford City and Wigan, collectively own 29. The constitutions of the stakeholders include Future Fund (20. 34%), Utilities of Australia (8. 7%), AMP (27. 32%), IFM Investors (25.
17%) and SAS Trustee Corporation (18. Although the Australian government demands accountability from APAC and backs the operations of the company, the Melbourne Airport does not have a railway connection. This highlights the need for collaboration between the ownership of the airport, local and national governments, the local communities and other stakeholders. The same has been done by the Manchester Airport first, by having to change ownership rules to have private and external companies buy shares in MAG. While this is done, the local Council retains the majority share while the public also are allowed to be shareholders. Institutional Ownership With an authoritative 72. General Public Ownership In MAG, the general public has a substantive shareholding with a 14. 39% value. The implication of this size of ownership is that retail investors have collective role in deciding on implementation of policies, business acquisitions and appointment of directors.
Private Company Ownership MAG ownership consist a small percentage of private owners. Collectively they own a 0. Trains transporting passengers to the airport are operated by TransPennine express and connect the airport to other railway stations mainly to major parts of Northern England including Wigan, Crewe and Southport. Rail capacity towards Manchester Airport was enhanced in 2008 when another rail platform was completed. However there were constraints created by the third rail platform due to layovers and the Network rail recommended building a line underneath the airport by 2024 (“Connecting local communities, 2013). In January 2013, the government announced that a different Manchester Airport station will be put up at the North side of the M56 and will include the second phase which will enable link to other British cities like London and Birmingham and provide an alternative quick route to central Manchester.
As of 2018, Melbourne Airport did not have a railway connection between the airport and the city. It is the airport’s interchange when it comes to ground transport. In a day, it hosts 100coaches, 500 buses and over 300 trains (“TfGM- Where to Catch Your Bus –Airport”, 2011). It includes a 24-hour bus services that transport passengers to and from the airport (“Service 43 timetable”, 2011). The 24 hour buses runs every ten minutes during the day and thirty minutes during the night to Manchester city centre through Wythenshawe, Northenden, Withington, Fallowfield and Rusholme. Skyline services also operate every thirty minutes to Buxton via Stockport, Chapel-en-le-Frith and Disley. There are another nine bus service companies that serves the airport with services to towns such as Bendigo, Ballarat, Dandenong, Frankston, Mornington Peninsula, Geelong, Melbourne suburbs, Shepparton and the Riverina (“Other Bus Services- To and From the Airport, 2009).
These acts as alternative services to the other transport services. Other proposals by Melbourne Airport to improve the bus service to the airport involving using the emergency lanes as bus lanes were challenged by one operator Transurban citing limitations on its toll revenue and reducing parking profits of Melbourne Airport (“SkyBlue lane faces fight”, 2013). Similar objections had been raised on the plans of construction of railway link. The Melbourne Airport has seen governments pledge for a construction of a railway line but these promises have not come to pass. The link provides direct access to Melrose drive which is 1. 5 Km from the terminal area (Hooper, 2000). As of now, the Tullamarine freeway is being expanded. Parking Adjacent to every Manchester Airport terminal, are the multi-storey car parks for short-stay cars.
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