Australia's Queensland Airports MD Dennis Chant, speaking at the CAPA Australia Pacific Aviation Summit, stated (09-Aug-2013) having a group structure of airports like Queensland Airports does means that some regional airports are able to maintain operations which would otherwise not be sustainable. He said the company benefits from economy of scale, and that the larger and more profitable airports within a portfolio can subsidise smaller and less-viable airports. Queensland Airports, a regional airport specialist, owns and operates Gold Coast, Townsville, Mount Isa and Longreach airports.
Queensland Airports: Economy of scale means otherwise non-profitable airports still can operate
You may also be interested in the following articles...
Australia’s Gold Coast Airport: AirAsia X and Hong Kong Airlines drive rapid international growth
Australia’s Gold Coast Airport is enjoying rapid traffic growth, driven by new and expanded international services. The airport recently started construction on a new terminal which will provide an enhanced level and service, and more widebody parking spots, to support anticipated further international growth.
Gold Coast traffic was up 8% to 6.3 million passengers in the year ending 30-Jun-2016, with international traffic up 18% to 1.05 million. Gold Coast had the fastest international growth in FY2016 among Australia’s six main international airports.
AirAsia X and Hong Kong Airlines have accounted for most of the recent growth. AirAsia X has added capacity on Kuala Lumpur-Gold Coast while launching Gold Coast-Auckland. Hong Kong Airlines launched services to Gold Coast in early 2016 and is already planning to increase capacity.
Air Canada and Virgin Australia codeshare, in a North American market dominated by Qantas
From early 2017 Air Canada and Virgin Australia introduce a tidy new partnership. Virgin Australia receives improved access to Canada – a market its JV partner Delta cannot sufficiently cover from their shared Los Angeles gateway. Air New Zealand's sixth freedom option, via Auckland, is the third largest transportation choice by Canadians visiting Australia. Since Virgin noisily fell out with Air NZ, the Australian airline is looking to reassert itself in Australia-North America markets that it had quietly let Air NZ dominate. Virgin has already announced plans to resume trans-Pacific services from Melbourne, which Air NZ took traffic from.
Air Canada is growing in Australia, expanding from its 2007 Sydney service with a 2016 Brisbane service, and perhaps soon Melbourne as well. Air Canada needs a partner for domestic and New Zealand connections as it expands its footprint and grows ahead of market demand. There is some conflict, since Air Canada - as it does for its expanding Asia and Europe presence – will look for USA sixth freedom traffic. Air Canada has favourable connections via Vancouver to a handful of American cities, including New York.