Sydney Airport Provides Traffic Performance for April 2018

Sydney Airport CEO Geoff Culbert said, “Passenger numbers have strengthened at Sydney Airport increasing 2.6% in the month of April over the prior corresponding period (pcp). International traffic grew 1.8% in April, with increased capacity of 6.5% being offset by lower load factors. Load factors were impacted by the earlier Easter holiday period for 2018 compared to 2017, resulting in a very strong comparative period.

“The nationalities with the largest growth in April were Indian (+18.0%), USA (+9.9%); and South Korean (+8.1%). Interestingly, international traffic benefited from strong growth in Taiwanese passengers, up 70% for the month and more than 40% year to date (not captured in the top 10 table below). The strong growth on this market is driven by the increased capacity from China Airlines.

“Domestic growth was a robust 3.1% for April compared to the pcp, driven by a 0.6 percentage point improvement in load factors and a 2.3% increase in capacity.”

Key Points

  • Qantas announced the year round upgauge of its daily B747 Hong Kong service to an A380 from March 2019 representing 120 more seats per movement. This upgauge will deliver approximately 60,000 incremental annual seats on the Hong Kong route
  • Qantas also announced frequency increases to San Francisco, Manila and Osaka, and reductions on the Beijing and Dallas routes. In addition, Qantas will upgauge its Honolulu A330 service to a B747 and Los Angeles service to A380 operations. These combined changes will deliver 39,000 annual seats to Sydney
  • Singapore Airlines’ recently commenced its fifth daily service from Singapore to Sydney. The new late evening departure to Singapore with a short stop in Canberra provides an overnight option for travellers to arrive in Singapore in the early morning and transfer to a strong bank of connecting services. Overall, the addition is expected to deliver an incremental 79,000 seats per year, all of which are in the off-peak period

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