Meeting called to 'dispel claims' ratepayer bailout on the cards for Newcastle Airport

Newcastle Airport board chair Jude Munro AO, Federal Member for Paterson Meryl Swanson, Newcastle Airport chief executive Peter Cock, board deputy chair Samantha Martin-Williams and Construction Control managing director Pete Payten at the topping out ceremony in October. Picture by Marina Neil

NEWCASTLE council says a meeting will be held this week to "dispel claims" the airport it owns with Port Stephens council is at "genuine" financial risk or that a ratepayer bailout is on the cards.

Port Stephens Council has remained silent on the issue, with both the council and mayor Leah Anderson declining to answer questions after a Newcastle Herald investigation revealed the airport is in need of a funding injection.