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Recorded at CAPA Australia Pacific Aviation Summit, 13-14 Sep 2022

Adelaide Airport, Managing Director, Brenton Cox at the CAPA Australia Pacific Aviation Summit 2022

Transcript

Brenton Cox:Yeah, so Adelaide Airport's whole purpose is to proudly connect and shape South Australia, and what we've been able to do with hosting CAPA is to be so proud to be part of the centre of aviation in the Asia-Pacific over these couple of days. and really connect our customers together again with all of their stakeholders and get the industry reconnecting as a whole. So one of the benefits for being that host city is we do get our customers in town, in our city, to focus on what it is that makes their business in our city tick. And the more we understand each other, the more opportunity we have to grow. So there's been clearly a lot of rebuild happening in the aviation industry, That's been certainly the case in Adelaide. I think some— the simplicity of our operation has helped us probably perform better than even our own expectations. As we go through peak operations, we've been extremely disciplined, not just with our own operation but with those of our partners, just to make sure we have that added resilience. And we've come through some of those peaks very well, again, exceeded our own expectations, but not always perfect, and it's going to be quite some time until our whole industry is out of the woods. That's the case across the country, and Adelaide's not immune. Sustainability is so important to Adelaide Airport, and it starts actually with our shareholders. Our shareholders are long-term investors. They're superannuation funds that are looking after the retirement incomes of all Australians. And so our business is one that isn't just going to be there for 10 years, it has to be there for 100 years or more. And at its core, sustainability is about long-term corporate sustainability. So for, for over a decade, we've been very much focused on mapping our Scope 1 and 2 emissions. That's fine, but we're part of an ecosystem where, while us as an airport might not be the largest emitters, we're also part of a global industry that is probably about 3% of global emissions. That's due to grow to 6% if we get the growth that we expect. Now, of course, we need to address that. So for us, that's a really important challenge, and we're just so keen to work with our partners to make a dent into what— turn that 3% into something less rather than have it grow.

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