Newsstand - International travellers lift Sydney Airport earnings 9%




BiziBB
Jan 17, 08, 8:53 pm
[SMH]
Macquarie Airports CEO, Kerrie Mather, said, the airport "has delivered a good result for 2007 ...

"The result was driven by the recovery in international traffic which was sustained through the year and delivery of some important aeronautical and commercial initiatives," Ms Mather said.

"This progress will continue in 2008.

"Following delivery of new commercial agreements with the airlines and the completion of the T2 (Terminal 2) retail redevelopment in 2007, the maintenance of Sydney's position as Australia's premier gateway airport and a world class facility will be ensured by the currently underway International Terminal Redevelopment which includes upgraded baggage facilities, enhanced passenger processing and an improved retail experience.

As well, Ms Mather said, the airport's new international multi-storey car park was scheduled to open in mid-2008, further broadening the airport's "range of car-parking products".

How much of this rise is through increased charges to airlines?


moeve
Jan 18, 08, 3:31 am
Something that has probably also added to this equation is the cruise lines who have discovered AUZ / NZ - more ships are starting to use Sydney and Auckland as Embarkation and Disembarkation ports - since most passengers come from North American and Europe people have to fly......



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