Sydney Airport's April international passenger numbers boosted by Easter timing

Company News

by Anna Napoli

Sydney Airport (ASX:SYD) has announced a 1.3 per cent fall in the number of passengers travelling domestically in April to almost 2.3 million, when compared to the year earlier period.

Meantime, passengers travelling internationally rose by 2.5 per cent to 1.4 million.

International passenger growth was positively impacted by the shift in Easter timing. While subdued load factors and continued capacity management by airlines drove a reduction in domestic passengers.

Sydney Airport says it saw double digit growth from both United States and Filipino travellers, increasing 13.2 per cent and 12.1 per cent respectively.

Shares in Sydney Airport (ASX:SYD) closed 0.77 per cent higher to $7.82 on Friday.
  

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.