Melbourne Airport first quarter passenger results
Oct 20, 2009
Melbourne Airport's first quarter passenger figures reflect a positive start to the 2009/10 financial year, and are testament to the resilience of Melbourne as a key tourism and business city.
Melbourne Airport has achieved overall passenger growth of 3%, a strong result in a difficult operating environment for the aviation industry.
The international market has performed particularly strongly, increasing by 10% for the quarter, and up by 14% in the month of September alone. This has meant that, for the first time, Melbourne Airport has surpassed five million international passengers in a 12 month period.
This growth can be attributed to the continued strength of emerging international passenger markets such as Malaysia, India and China, with quarterly growth of 55%, 23% and 8% respectively. International travel by Australians also increased, up by 12% for the September quarter.
"This result shows the strength of the Melbourne market and bodes well for the future" said Melbourne Airport CEO Chris Woodruff. "Airlines are responding to this - Singapore Airlines commenced daily A380 services on September 30, and Qatar Airways and V Australia have both announced they will begin Melbourne services in December of this year. On top of this, China Southern will increase services in October, and AirAsia X will increase services to 11 per week in December."
The domestic market also returned to growth, increasing by 1% compared with the same quarter last year. This will continue to be fuelled by the entry into the Sydney market of Tiger Airways who commenced Melbourne - Sydney services in July, boosting to nine daily this month and Jetstar who will be commencing at the end of October with five daily services between the two cities.
"There is no denying that the industry has faced a challenging 12 months, and we would like to thank all of our airline customers for their ongoing support of the Victorian market. We continue to work to keep costs significantly lower than our competitors whilst maintaining excellent service levels. We are also committed to Victoria's aviation future with our $330M international terminal expansion" he said.
The past year has seen the introduction of Qantas A380 services to Los Angeles in addition to Air Asia X and Etihad commencing Melbourne daily services, Emirates introducing a third daily Dubai service, and increased capacity to/from Melbourne from a number of other airlines including Air China, China Eastern, Pacific Blue, Vietnam Airlines, Philippine Airlines and Garuda Airways.