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 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.