Sydney Airport Targets India as Next Key Growth Market

May 31, 2018

SYDNEY, May 31 (Reuters) - Sydney Airport Holdings Pty Ltd , a major beneficiary of China’s outbound tourism boom, is targeting India as the next big international growth market, its CEO said on Thursday.

Australia’s biggest airport has non-stop services to 17 cities in mainland China, up from three a decade ago. The number of Chinese passengers has trebled over that period, contributing to strong earnings growth for the airport operator.

In contrast, there is only one direct link between Sydney and India - an Air India service that operates five days a week from New Delhi. This is despite the fact that India is the eighth-biggest source country for travellers to Australia.

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