Sydney Airport’s big loss is no issue for new owners
Sydney Airport’s going better for its new private capital owners, despite a $942.1 million loss for 2022, but the good news is a long way off pre-pandemic levels for traffic and earnings.
Sydney Airport’s travelling better for its new private capital owners, but it’s still a long way off pre-pandemic levels in terms of traffic, revenue and earnings.
The airport’s first set of accounts lodged as a non-listed entity show it recorded $1.05 billion revenue in the year to December 31, up from $620.6 million in 2021 and $803.7 million in 2020 when the COVID-19 pandemic first struck.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
