AusBN – Queensland’s Gold Coast Airport is set to undergo a A$200 million redevelopment.
The Lets Invest for Tomorrow (LIFT) project aims to address the airport’s peak congestion issues.
Under the redevelopment plans will include the construction of aircraft stands, a three level terminal development and up to two aerobridges.
Two more wide-bodied aircraft parking stands and enhancements to the existing terminal building will also be developed later on in the project.
Construction of the project is scheduled for completion in 2020.
Gold Coast Airport CEO David Collins said: "This redevelopment will ensure more efficient use of terminal space and offer increased capacity, meaning service for travellers is faster and more efficient, with broader retail choice.
"Recent investigations have found the capacity of aircraft parking stands is currently exceeded at peak times, and if no action is taken to provide additional aircraft parking by 2018 access to the airport would need to be restricted.
"This could significantly impact the airport's ability to service future domestic and international passenger demand."