Sydney Airport’s parent company has posted a full year loss after selling its share of two European airports in favour of greater control at Kingsford Smith. Sydney Airport Holdings (SAH) last week reported a net loss of $240.2 million for calendar year 2011, compared to 2010 profits of $100.8 million. The numbers were tamped down
Sydney’s Bankstown and Camden airports will be put up for sale as current leaseholder BAC Holdco steps out of the general aviation market. The two airports were privatised in 2003 and are held under a long term lease from the Commonwealth government with 85 years remaining. BAC, which represents a number of institutional investors, purchased
Brisbane Airport has reported 10.9 per cent year-on-year growth in passenger numbers for January. Domestic numbers were up 12.1 per cent on the back of increased regional flights aimed at the natural resource and mining industries. The airport said domestic capacity had increased by 150,000 seats over January 2011, mostly on routes within Queensland. International
Passenger numbers at Melbourne Tullamarine ticked upwards in January as the airport continued a trend of solid international growth combined with slight domestic losses. Overall passenger number for for the month were up 0.9 per cent over January 2011 to nearly 2.5 million. International passengers increased by 5.8 per cent as domestic carriage dropped by
The Victorian government has invited regional airports across the state to apply for infrastructure grants under a $20 million Regional Aviation Fund (RAF). “Regional airports help drive economic activity through transport, tourism and air freight, while also enabling the delivery of a range of essential emergency services,” Minister for the Aviation Industry Gordon Rich-Phillips said
The Labor Government plans to introduce controversial full body scanners at airports across Australia but says the machines will only display a generic “stick figure” outline of passengers while highlighting items hidden under clothing. The decision, part of a $200m aviation security program, comes after trials of the scanners at Sydney and Melbourne Airports last
