Monday, May 18, 2015

International recovery continues at airport

There were further positive signs for international traffic through the Airport in April which was up 21.8% on April 2014. This was attributed to the new Jetstar Bali service and 14% growth on flights operating in both April 2014 and 2015 (Auckland, Guam, Hong Kong, Osaka, Tokyo). While that growth number sounds impressive and is positive we do need to consider that it comes from similar double digit declines in the early months of 2014 so really only recovers the 2013 position. Consequently we should expect some good international growth numbers to continue and hopefully become also become less volatile.

 
Domestic continued consistent growth at levels below the recovery a few years ago but still generally in line with or above average growth at the major airports.

 

International is only around 12.5% of domestic, which remains the dominant driver, but is starting finally to show signs of a positive contribution to total performance.


Source: Cairns Airport

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