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Gisborne Airport, North Island, New Zealand
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Eastland Group pay's Gisborne District Council an annual rental fee indexed to passenger numbers and is accountable for all capital investment. It bears all risk associated with the airports profitability, eliminating the need for ratepayer subsidy.
Over the next five years, Eastland Group plans to maintain and upgrade the airports existing assets and expand its capabilities. Some of this has already shown with the establishment of the new airport cafe 'V2', new airport logo and many other improvements.
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