Tuesday, November 19, 2013

Growth eclipse blip

Airport numbers for the domestic terminal continued to grow albeit at a much slower rate of 2.8% for October compared to the previous year. Could this be the eclipse effect previously flagged? In 2012 October and November were the standout highest growth months with the eclipse falling on November 14th. Hopefully any blip will be as brief as was my glimpse of the cloud interrupted eclipse!

Overall the consistent positive growth trend remains intact with October numbers also typically supported by school holidays and a long weekend.

International numbers appear reasonably consistent in recent months above previous lows but a turnaround to the clear positive trends evident at the domestic terminal is yet to emerge.

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