Sydney Airport Asian traffic soars

Company News

by Jessica Amir

Sydney Airport (ASX:SYD) has seen a spike in international passenger numbers in June and year-to-date, with Asian travelers driving up growth. 

International traffic growth grew five per cent in June, while domestic traffic was flat, compared to the same time last year.

Sydney’s top five fastest growing inbound visitors came from Taiwan, Vietnam, Indonesia, India, and the USA, all recording double digit visitation growth, (compared to June 2017).

Sydney Airport also says it was very happy with the ‘open skies’ air agreement between India and Australia, which makes our nation one of only a few countries to hold an unconstrained air service agreement with India.

Sydney Airport (ASX:SYD) closed 0.42 per cent lower at $7.12 yesterday.

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 with a passion for equities and funds management. As Head of News, she has been a broadcast journalist for over seven years, specialising in finance. She has been a journalist with Sky News Business, ABC 1, ABC's The Business and ABC24. She’s also worked as a TV reporter for regional Channel 7 and 9. She also previously worked as a financial planner and real estate agent.