Australian flag carrier Qantas and Perth Airport have reached a commercial agreement that will unlock a major new wave of investment and deliver new domestic and international flights.
As part of the 12-year deal, Perth Airport will invest around A$3 billion in new terminal facilities and a new parallel runway.
This will form part of a A$5 billion capital investment program by the airport – the largest private infrastructure development ever undertaken in Perth – which will also provide two multi-storey car parks, major access roadworks and the first hotel From the airport.
Qantas and its low-cost airline Jetstar will move all services to a new terminal at the 'Airport Central' precinct that will enable the growth needed to make Western Australia a major domestic and international hub for airlines.
Qantas and Jetstar plan to add 4.4 million seats to and from Perth per year by the time the new terminal opens in 2031.
They say the Perth hub will significantly improve inbound tourism and give Australians more choice when traveling to Asia, Africa, India and Europe.
The new terminal is prepared to offer national and international transfers without interruptions.
Qantas says it will work with Perth Airport on plans for a multi-concourse precinct for domestic and international passengers with a unique new design and personalized dining and wellbeing initiatives.
The airport will also invest in improvements to Terminals 3 and 4, where Qantas domestic and international flights currently operate, to create additional capacity while the new terminals are built.
Jetstar will move its domestic services to Terminal 2 from September 2024, before moving to the 'Airport Central' terminal when it is complete.
The airline and airport say improvements to Terminals 3 and 4 will allow Qantas to add services and more destinations from Perth, including Auckland and Johannesburg, from mid-2025.
The works will also include improvements to the boarding gates to accommodate ultra-long-haul aircraft, including Qantas' 'Project Sunrise' Airbus A350-1000, which will arrive from 2026.
This week's agreement resolves all outstanding commercial issues in dispute between Perth Airport and oneworld airline Qantas.
qantas.com
