Sydney, Melbourne, Brisbane and Perth airports face up to economic challenges

Australia may have “technically” avoided slipping into recession last quarter, but traffic at its major international airports continues to slide in 2009. Airport operators hit by the effects of the global financial crisis are having to defer some projects, and all are under pressures from airlines over their charges. Recent traffic data released by Australian airports indicates that domestic traffic is dropping off sharply, but the international passenger traffic is more mixed, and influenced by new route developments, particularly by LCCs. [1237 words]

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This report contains the following subheadings:

• Sydney Airport Master Plan approved
• Traffic at Melbourne stronger, more ownership changes imminent
• Brisbane's domestic traffic holding up
• Perth traffic slowing down, recovery not seen until 2011
• City pair data mixed
• Financial crisis takes toll: Sydney, Perth and Brisbane delay projects
• Outlook: Discounting to keep airport traffic volumes healthy, but airlines sick

This report contains the following charts and tables:

• Sydney, Melbourne, Perth and Brisbane Airports domestic passenger number growth: Jun-08 to May-09
• Sydney, Melbourne, Perth and Brisbane Airports international passenger number growth: Jun-08 to May-09
• Top Ten Australian domestic city pairs' traffic (% change year-on-year): March-2009 and Apr-2009 combined average