Sydney Airport is Australia’s largest and busiest airport, functioning as a major gateway for the Australian economy. In 2011-12, it catered for 36 million passenger movements, over 290,000 aircraft movements and 395,000 tonnes of international airfreight (BITRE 2011). Sydney Airport is particularly critical to the facilitation of international travel, with around 40% of international travellers arriving at or departing from Sydney Airport.
Between now and 2030, passenger numbers at Sydney Airport are forecast to double, necessitating a range of developments and investments at, and proximate to, the airport. This includes additional investment in passenger facilitation services and in ancillary transport infrastructure.
However, this investment is not being driven solely by the volume of growth; it is also being influenced by the changing composition of travellers, changing traveller preferences and the demands of a growing on-airport aviation community. As well as investments in aviation infrastructure, the commercial development planned over the next two decades is likely to take a variety of forms, from hotel accommodation, to office space, hospitality and retail.
The report analyses the airport’s economic value to the Australian economy and models how this value is likely to grow over time, given projected growth in air traffic and expected on-airport development.
The Report is available for downloading below.
Economic Value Report 2013 (568kB)