Sydney Airport : Traffic Performance December 2015

Letter

Sydney Airport Corporation Limited, Central Terrace Building, 10 Arrivals Court, Locked Bag 5000, Sydney International Airport, NSW 2020 Australia ABN 62 082 578 809 T 1800 181 895 www.sydneyairport.com.au

20 January 2016

Sydney Airport Traffic Performance December 2015

Pax	Monthly performance			Year to date performance
('000s)1	Dec-15	Dec-14	Growth (%)	YTD-15	YTD-14	Growth (%)
Domestic	2,307	2,185	+5.6%	25,941	25,351	+2.3%
International2	1,374	1,265	+8.6%	13,715	13,150	+4.3%
Total	3,681	3,450	+6.7%	39,656	38,501	+3.0%

1 Contains estimates with any adjustments to preliminary statistics to be included in the year to date results in future months.

2 International includes Domestic-On-Carriage.

Sydney Airport Managing Director and CEO Kerrie Mather said, "2015 was another record year for Sydney Airport facilitating 39.7 million travellers through our three terminals. Total passengers grew 3.0%, with international and domestic markets growing 4.3% and 2.3% respectively, a strong result.

"International passenger traffic in December increased 8.6% compared to the prior corresponding period (pcp). Domestic and total passenger traffic also performed well growing 5.6% and 6.7% respectively. This exceptional December result was driven by both strong load factors and seat capacity growth.

"Strong foreign nationality demand continues to drive international passenger growth (+9.7%), with Chinese (+31.4%), UK (+10.0%), USA (+11.9%), Korean (+18.2%), Indian (+21.6%) and Singaporean (+20.4%) nationalities performing well.

"Australian outbound also grew strongly above trend, increasing 7.6%. The best performing outbound destinations were Philippines (+45.0%), UAE (+10.0%), New Zealand (+6.7%), Canada (+17.3%),

Indonesia (+6.2%) and Hong Kong (+6.4%).

"Pleasingly, the December domestic result of 5.6% was the strongest passenger growth since November 2012, primarily driven by seat capacity increases of 4.7% above the pcp.

"On 19 December, American Airlines touched down at Sydney Airport for the first time in 23 years. American Airlines is operating a B777-300ER daily between Sydney and Los Angeles in partnership with Qantas. The US is the most popular destination for Sydneysiders and this expanded partnership will increase capacity between Sydney and the US by 25% or 225,000 seats annually.

Sydney Airport Corporation Limited, Central Terrace Building, 10 Arrivals Court, Locked Bag 5000, Sydney International Airport, NSW 2020 Australia ABN 62 082 578 809 T 1800 181 895 www.sydneyairport.com.au

"And on the day before Christmas we welcomed Hainan Airlines' twice weekly Northern Winter service from Xi'an to Sydney, before the busy Lunar New Year period. Hainan Airlines was our sixth new airline to commence services in 2015 and marks the first time North Western China has been connected directly with Australia. Hainan Airlines is operating the route on an Airbus A330-200 aircraft with 222 seats through to 31 March 2016."

Key Point

• China Southern Airlines announced a new route, Shenzhen-Sydney, commencing on 28 January for the Northern Winter period. The new route is scheduled three times weekly on an Airbus A330-300 aircraft, with 284 seats on board.

Top 10 Nationalities Travelling Through Sydney Airport

Rank	Nationality	Dec-15	YTD-15	Rank	Nationality	Dec-15	YTD-15
1	Australia	+7.6%	+3.3%	6	Korea	+18.2%	+6.4%
2	New Zealand	-5.0%	+0.5%	7	India	+21.6%	+15.9%
3	China	+31.4%	+17.8%	8	Japan	+6.8%	-2.5%
4	UK	+10.0%	+1.2%	9	Malaysia	+9.6%	+2.7%
5	USA	+11.9%	+6.0%	10	Germany	+2.5%	-1.8%

Last 12 Months Traffic Data

('000s)	Total	Total	Growth
	Jan-15	Feb-15	Mar-15	Apr-15	May-15	Jun-15	Jul-15	Aug-15	Sep-15	Oct-15	Nov-15	Dec-15	Jan-15- Dec-15	Jan-14 Dec-14	%
Dom	2,090	1,948	2,204	2,119	2,049	1,983	2,279	2,150	2,201	2,347	2,265	2,307	25,941	25,351	+2.3%
Int	1,308	1,046	1,123	1,086	995	1,047	1,185	1,106	1,135	1,176	1,134	1,374	13,715	13,150	+4.3%
Total	3,399	2,994	3,327	3,205	3,044	3,030	3,464	3,256	3,335	3,524	3,399	3,681	39,656	38,501	+3.0%

All data is for arriving and departing passengers. All data is taken from management accounts, is provisional and subject to revision.

All data has been rounded to the nearest thousand and in some instances the total may not be equal to the sum of the parts. Percentage changes have been calculated based on actual figure.

Chantal Travers Head of Investor Relations		Laura Stevens Manager - Media and Communications
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