Sydney Airport (SYD) released it's latest round of traffic figures showing continued growth in international traffic and steady domestic growth

Sydney Airport (SYD) released it's latest round of traffic figures showing continued growth in international traffic and steady domestic growth. International travel was up +6.2% on the prior period with domestic travel rising +0.8%. February was a continuation of January, namely strong traffic performance across international and domestic, with traveler growth ahead of capacity growth. Macquarie Equities Research has downgraded SYD to a Neutral call noting, whilst there is still some upside, the core business is capturing much of Sydney's value at our current assumptions.


1 topic

The Livewire Equities feed brings you a range of insights that relate to Australian equities

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.