Airport Apocalypse

Cairns Airport has updated their numbers for March which are pretty much as expected with further declines still to come:

Airport March 2010

Cairns Domestic: -39.2%; International -59.9%; Total -42.5%. Comparison with Sydney Airport: Domestic – 43.4%; International -47.9%; Total -45.1%. Sydney has a much higher International proportion.

This is a period when it will be difficult to make sense of most data although many will try. Is it too early to look at the shape of recovery? I previously looked at a comparison last November between previous GFC period even before Covid19: Cairns Airport data still soft

Current success in Australia and New Zealand still come with a seasonal asterisk as initial wintery weather sweeps the southern states. However upside potential can’t be discounted should domestic travel reopen or any arrangement with New Zealand:

Airport March 2010 2

 

Particularly relevant for tourism regions with NZ #2 only a few thousand behind China for short term visitor arrivals in 2019 and limited alternative destinations.

Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: