Tuesday, December 17, 2013

Eclipse stalls airport growth

As posted in previous commentary traffic growth at Cairns Airport would be likely difficult to sustain in the latter months of the year following the eclipse boost the previous year. So it was in November with passengers through the domestic terminal declining by 1.2% compared to the previous year. That is the first such negative month since 2011.

 

That pulls growth in the 12 month moving average back to about 5.7%. The domestic capacity dogfight remains ongoing so further manoeuvres there will be interesting to observe with issues around Qantas much in the news. Recent changes by Jetstar have boosted flights to Darwin but with cuts to the Singapore link.


Traffic through the international terminal continues to trend nowhere much.

Source: Cairns Airport

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