Airport cat don’t bounce
Airport numbers for May rather late this month.
Source: Cairns Airport
The Easter infused April bounce faded somewhat. Domestic is the one to look at here negative -2.2% for the month. While that is better than some of the more negative wet season numbers it isn’t great and needs to be remembered that Qantas was increasing capacity again from March 31. BITRE route numbers for April indicate that increased capacity in that month mostly went into lower load factors on the BNE – CNS route.
Sydney Airport bellwether reported modest domestic growth of 0.3% in May while international growth remained solid at 6.3%.
Update: a closer look indicates there may be some issues with load factors for recent months on this route in the BITRE spreadsheet.
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