New Plymouth Airport Asset Transfer from Central to Local Government in the Pipeline

05 April 2017

The Government and New Plymouth District Council (NPDC) have agreed in principle to transfer New Plymouth Airport to local government ownership.

The Crown will transfer its 50 per cent stake in New Plymouth Airport to its joint venture partner, the Council, after they expressed interest in full ownership of the airport. 

This was approved at a Council meeting last night (TUESDAY).

New Plymouth District Mayor Neil Holdom says the Council is currently responsible for daily operations at the airport and it makes sense for NPDC to have full ownership.

“Local ownership will provide some real opportunities to keep the tills ringing and maximise regional economic growth,” he says.

“The airport is a strategic asset, the gateway to our region and pivotal to us becoming a world-class destination.”

A larger airport terminal that shares the unique Taranaki story is being planned by NPDC, to be funded by increased airport revenue. The original terminal was built in 1967 to cater for approximately 50,000 passengers per year and today’s annual passenger numbers are about 420,000. 

The transfer deed, once signed by the Council and the Crown, will take effect in the next few months. 
Mayor Neil Holdom (front) with MP for New Plymouth Jonathan Young.