Thursday, April 18, 2013

Chinese Travelers Boost Sydney Airport Traffic - Fox Business



Sydney Airport (SYD.AU) said the volume of traffic through the airport in March was 3.5% higher than a year earlier, buoyed by Chinese nationals returning home after February Lunar New Year celebrations.

International traffic in the month was 6.0% higher, while domestic traffic grew by 2.3%.


A strong Australian dollar is encouraging more locals to travel abroad while discouraging travel into the country. On the other hand, a rapidly expanding middle class in emerging Asian economies such as China is encouraging more visitors.


Chinese traffic in March grew by 19%, Sydney Airport said.


Write to Ross Kelly at ross.kelly@wsj.com


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