Peterborough airport, which is home to an historic biplane, is undergoing an upgrade.
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Work has begun on the resurfacing and widening of the airstrip along with drainage works which is part of a $200,000-plus revamp of the airport.
Richard Nesselar, who owns the airport, said the latest upgrades build on works carried out about three years ago to lengthen the air strip.
Mr Nesselar said the airstrip, which until now was gravel, would be sealed with asphalt to make it better for planes landing there.
"We see it as an important tourism asset for the area. We're upgrading it for that purpose," he said.
The WWII-era biplane has been operating at the airport each summer for the past three years and it plans to return by May when works are complete.
"This summer it was cut short because of the upgrades to the airfield," he said.
He said this tourist season was another strong season
Mr Nesselar, who operates helicopters flights over the Twelve Apostles, said he was looking forward to the planned upgrades to the tourist information centre.
The Corangamite Shire Council has also received and is assessing a planning application for the relocation of an airport hangar and construction of a taxiway.
A council spokesperson said the plan had received three objections which raise issues around stormwater and drainage management, site layout and design, increased traffic, site access and car parking, and cultural heritage.
The council spokesperson said it was awaiting further cultural heritage information before the application was progressed.
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