Touch down

AUGUST 2010

QUEENSLAND Airports Limited (QAL) owned assets Gold Coast, Townsville and Mount Isa have recorded a 9.7 per cent increase in passenger movements in the2009/10 FY.

With almost 7 million passengers over the three airports, the figures indicate year on year growth.

Gold Coast led the charge with a 12 per cent increase while Mount Isa and Townsville recorded growth of 1.2 per cent and 3.8 per cent respectively.

With international numbers tipping 755,000, the Gold Coast Airport cemented its position as the fifth busiest international airport in Australia. Growth in international passenger movements was 47.8 per cent.

Managing director of QAL Dennis Chant, says the results are promising in a difficult period.

“It is pleasing to record growth in passenger movements across the group during what has been the most challenging year since 2001,” says Chant.

“Our three airports have received strong support from our airline partners with all three experiencing significant increases in airline seat capacity and new route development.”

Subscribe Now!
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

IPH joins race for QANTM Intellectual Property with $265m offer

IPH joins race for QANTM Intellectual Property with $265m offer

Long-term shareholders in QANTM Intellectual Property (ASX: QIP) ma...

Bonza’s chances of flying take a hit as repossession of its Boeing fleet set to proceed

Bonza’s chances of flying take a hit as repossession of its Boeing fleet set to proceed

The chances of embattled budget carrier Bonza Airlines flying anyti...

Major supermarket fruit and veg supplier Southern Cross Produce calls in administrators

Major supermarket fruit and veg supplier Southern Cross Produce calls in administrators

High debt levels and insufficient working capital have pushed one o...

"Monumental step": STRONG Pilates to open second global HQ in California

"Monumental step": STRONG Pilates to open second global HQ in California

Born in Melbourne and now with 55 studios worldwide, fast-growing f...