Traffic surges through Sydney as international visitor numbers climb

Traffic surges through Sydney as international visitor numbers climb

Traffic has surged through Sydney Airport over the past month as international holidaymakers and visitors have continued to favour Aussie shores.

In May, Tourism Australia revealed that more than nine million people visited the country throughout FY18, representing a 6.1 per cent increase on the year previous.

The latest statistics from Sydney Airport showed no signs of bucking that upward trend into the new financial year, as foreign visitor numbers grew by a margin of 5.2 per cent in June.

According to Sydney Airport CEO Geoff Culbert, certain key markets and seat additions to certain flights buoyed its performance.

"Sydney's top five fastest growing inbound passenger groups over the month were Taiwan, Vietnam, India, Indonesia and USA," says Culbert.

"Overall international passenger growth was driven by the delivery of additional seat capacity."

Earlier this month, a new "liberalised air service agreement" was established between India and Australia which could have a significant impact on international travel as Australia becomes accessible from further corners of the world.

"The new 'Open Skies' agreement is fantastic news given our extensive advocacy for liberalisation and significant demand for direct air travel between the two countries," says Culbert.

"This move makes Australia one of only a few countries worldwide to hold an Open Skies agreement with India and means that over 40 per cent of the world's population is now within unconstrained bilateral air service range from Sydney."

Virgin Australia launched its daily Sydney-Hong Kong route on 2 July which represents 200,000 incremental annual seats.

Qantas has also announced additional capacity to Singapore, Jakarta and Noumea from December 2018 which is expected to deliver an incremental 116,000 annual seats.

Never miss a news update, subscribe here. Follow us on Facebook, LinkedIn, Instagram and Twitter.

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

How P2C can help retailers maintain brand loyalty amid the supply chain crisis
Partner Content
With the ongoing supply chain crisis expected to continue throughout 2022, retailers ar...
Productsup
Advertisement

Related Stories

Trajan Group is on a mission to democratise healthcare, one merger at a time

Trajan Group is on a mission to democratise healthcare, one merger at a time

Since listing on the ASX in mid-2021, analytical sciences company T...

Online marketplace retailer MyDeal bucks late 2021 trend with record growth

Online marketplace retailer MyDeal bucks late 2021 trend with record growth

Leading online retail marketplace MyDeal.com.au (ASX: MYD) has reve...

Dovetail valuation soars to just under $1 billion following $87 million Series A

Dovetail valuation soars to just under $1 billion following $87 million Series A

The year is off to a flying start for capital raises in Australia, ...

UK private equity firm CapVest enters race for IVF giant Virtus Health with $649m bid

UK private equity firm CapVest enters race for IVF giant Virtus Health with $649m bid

Assisted reproductive services multinational Virtus Health (ASX: VR...