Sydney Airport Stapled Securities : Traffic Performance June 2023

Thursday 20 July 2023

A total of 3.06 million passengers passed through Sydney Airport in June 2023, representing an 89.9% recovery compared to pre-pandemic June 2019.

Passenger traffic at Sydney Airport's T1 international terminal is continuing to grow with 1.16 million travellers passing through in June. That's almost half a million more passengers than last June and represents an 88.8% recovery rate on June 2019.

Domestic passenger traffic increased 1.2% year-on-year to 1.90 million travellers in June. This represents an 90.6% recovery rate compared to June 2019.

China visitor numbers continue to surge

The number of Chinese visitors continues to surge as the seven airlines flying between Sydney to mainland China increase capacity.

For the third month in a row, Chinese nationals have ranked third in the top 10 nationalities travelling through Sydney Airport, with the June number representing a 69% recovery rate on pre-pandemic June 2019 passengers.

This is a significant jump from May, when the recovery rate was 54% and a strong result considering at the start of the year Chinese visitor numbers were just 22% recovered.

Sydney Airport CEO, Geoff Culbert, said: "International passenger numbers are now closing in on pre-pandemic levels with strong demand on the mainland China route helping drive the recovery."

"To see the Chinese visitor market 69 per cent recovered within six months of the border reopening is a phenomenal result. "As demand grows, the seven Chinese carriers operating out of Sydney are continuing to add capacity, with 51 return services now flying weekly.

"The international passenger recovery is now close to surpassing the domestic recovery, which has remained largely stagnant over the last year.

"While June domestic passenger numbers were almost on par with June last year, international traffic is gaining momentum and was up 66.7 per cent.

"Steep airfares and high cancellation rates on popular domestic routes are suppressing demand.

"In the 12 months to June, passenger numbers on the Sydney to Melbourne route were just 81 per cent recovered compared to pre-pandemic levels, while numbers between Sydney and Canberra were only 64 per cent recovered.

"It will be interesting to see if this is a long-term trend. If incumbent airlines have decided to fly less between key domestic markets, then they should relinquish slots to domestic and international carriers who want to operate out of Sydney Airport and provide more choice for customers."

1. Due to data availability, all international passenger numbers (including PCP, prior corresponding period comparisons) are based on Confirmed Airline Passenger (CAP) data. As per previous information releases, these figures may contain estimates with any adjustments to preliminary statistics included in the year-to-date results in future months

2. Includes Domestic-on-Carriage

3. All data is for arriving and departing international passengers. All data is taken from management accounts, is provisional and subject to revision. All data has been rounded to the nearest thousand and in some instances the total may not be equal to the sum of the parts. Percentage changes have been calculated based on actual figures