Last June 3.4 million passengers either arrived or departed from Sydney Airport, Australia’s busiest aviation gateway. This June, that number had collapsed to just 174,000 – a precipitous decline of 95%.
Most were domestic travellers: 142,000, which is better than May or April, however there is no prospect of a meaningful increase while COVID holds sway, causing state border openings or closures depending on the infection rate.
“While domestic passengers noticeably increased in June, Sydney Airport expects to see significant reductions in passenger traffic for as long as domestic and international passengers restrictions persist,” airport management said.
Macquarie Research commented: “July (int’l) traffic will be hard to fill beyond 32k. The weak volume does not support many of the retail services recommencing.
“NZ opening now scheduled for a November benefit. Domestic recovery is likely to falter. Qld opening its borders is positive, but this is likely to be offset by the loss of Victoria, with its Covid-19 outbreaks.
“The risk is the emerging Sydney breakouts if they lead to a 2nd lockdown.
“NZ, where restrictions were lifted from the 2nd week of June, saw traffic down only 71% vs +90% in May. European airports are also starting to show some signs of recovery.”