Wednesday, October 22, 2014

No G20 boost at Airport

Passenger numbers at Cairns Airport in September don't appear to show any particular boost from the G20 talkfest. September also includes the start of school holidays. Domestic numbers were up by 2.7% on the previous year. However this continues a trend to slower growth with the rolling 12 month average now dipping below 4% for the first time since 2010.

Growth is now more in line with domestic trends being reported at other major airports. The slower growth is also consistent with the renewed capacity discipline from the airlines. Total flights and seats (international & domestic) were down by 2.5% and 1.4% respectively on the previous year.

International passenger numbers were down by 5.1% on the previous year but there is a note that volcanic ash in Japan may have reduced these numbers by an estimated 5%. So that may even be a slightly improving outlook at international from previous heavy falls or it could be that G20 blip.

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