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Sydney Airport’s traffic holds up better than most in the Macquarie stable

Premium Analysis

Sydney Airport has announced stable traffic and financial data for 1Q08, better than the other Macquarie Airports (MAp) locations and received a boost when Tiger Airways Australia announced it would offer 30,000 free seats to celebrate the launch of Sydney-Melbourne services. Following an equity injection the airport seems to be on a sounder footing than it was only a short time ago.

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