ACCC: Australia's four largest airports collect USD1.2bn more revenue per passenger over a decade

Australian Competition and Consumer Commission (ACCC) released (06-Mar-2017) its 2015-16 Airport Monitoring Report, noting that Sydney, Brisbane, Melbourne Tullamarine and Perth airports are collecting substantially more aeronautical revenue per passenger than a decade ago to cover increasing costs per passenger and to grow profit margins. ACCC estimate these airports collected "AUD1.57 billion (USD1.19 billion) more in revenue…over the past decade…from airlines than they would otherwise have collected if average prices were held constant in real terms (for the same passenger volumes)". Brisbane Airport collected the most additional revenues over the period with AUD676 million (USD512 million), followed by Sydney Airport with AUD475 million (USD360 million), Melbourne Tullamarine Airport at AUD276 million (USD209 million) and Perth Airport AUD142 million (USD107 million). However costs per passenger have also risen by 32.5% over the 10 years at Brisbane Airport, 14.4% at Sydney Airport, 48.9% at Melbourne Airport and 50.9% at Perth Airport. [more - original PR]