A new government fund will put Sydney\u2019s second international airport on course for a successful opening by accelerating aviation capacity from day one, boosting the NSW visitor economy and creating more choice for NSW travellers.<\/p>\n\n\n\n
The $8 million Western Sydney International Take-Off Fund will incentivise international airlines to fly new routes into Western Sydney International Airport (WSI) ahead of its grand opening in late 2026. The funding will be matched by WSI, representing a combined fund value of $16 million to boost airline capacity.<\/p>\n\n\n\n
The new airport will play an important role in achieving the NSW Government\u2019s goal of $91 billion of visitor expenditure by 2035, with the total $16 million funding package forecast to deliver over 162,000 international visitors to NSW and generate an estimated $530 million of visitor expenditure.<\/p>\n\n\n\n
The Western Sydney International Take-Off Fund comes at a critical stage for the state\u2019s newest international gateway with airline tickets for WSI flights scheduled to go on sale from late 2025. This fund will incentivise more carriers to join Qantas and Jetstar (domestic) and Singapore Airlines (international) as the airport works to accelerate passenger numbers to 10 million per year. <\/p>\n\n\n\n
The new Western Sydney International Take-Off Fund will be administered by the NSW Government\u2019s lead agency for the visitor economy, Destination NSW.<\/p>\n\n\n\n
Allocation of funding provided to airlines will be agreed between Western Sydney International Airport and Destination NSW on a case-by-case basis and will include incentives such as passenger subsidies and marketing support. The funding provided to each airline is subject to the number of services and subsequent number of passengers they carry over the first three years of operation. <\/p>\n\n\n\n
This aviation investment comes on top of $10 billion of joint NSW-Federal funding for roads and transport infrastructure to connect WSI to Sydney\u2019s transport network.<\/p>\n\n\n\n
Minister for Jobs and Tourism John Graham said:<\/strong><\/p>\n\n\n\n \u201cYou only get to open a new airport once, that\u2019s why we\u2019re backing Western Sydney airport to land new routes and ensure this once in a generation opportunity is a runway success.<\/p>\n\n\n\n \u201cWestern Sydney airport will be a massive growth engine for the NSW visitor economy. This fund will pour jet fuel into that engine.<\/p>\n\n\n\n \u201cThe more passengers we can bring in, the more spending across Western Sydney\u2019s incredible food precincts, the sights of the Blue Mountains and the food and wine in the Central West.<\/p>\n\n\n\n \u201cThe NSW Government is pulling every lever we can to grow the NSW visitor economy to $91 billion by 2035. This is a crucial one and there\u2019ll be more to come.\u201d<\/p>\n\n\n\n Western Sydney International Airport CEO Simon Hickey said:<\/strong><\/p>\n\n\n\n \u201cWith tickets for our first flights set to go on sale later this year and our opening day rapidly approaching, this initial investment with the State Government is very welcome news and another strong signal that Western Sydney International Airport is well and truly open for business.<\/p>\n\n\n\n \u201cThis airport \u2013 Sydney\u2019s only 24-hour international gateway \u2013 will deliver a major boost to the state\u2019s visitor economy and provide further support for the vibrant and diverse tourism attractions that NSW has to offer for both domestic and global travellers alike.\u201d<\/p>\n\n\n\n \u201cWSI is built for growth, with plans in place that will eventually see it become Sydney\u2019s biggest international airport, handling more than 80 million annual passengers, which is akin to London\u2019s Heathrow airport today.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" A new government fund will put Sydney\u2019s second international airport on course for a successful opening by accelerating aviation capacity from day one, boosting the NSW visitor economy and creating more choice for NSW travellers. The $8 million Western Sydney International Take-Off Fund will incentivise international airlines to fly new routes into Western Sydney International … Continue reading “New fund to turbocharge take-off for Western Sydney Airport”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-31813","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/31813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=31813"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/31813\/revisions"}],"predecessor-version":[{"id":31814,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/31813\/revisions\/31814"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=31813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=31813"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=31813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}