Sydney Airport traffic down 97% in April

Sydney Airport traffic down 97% in April

Sydney Airport has secured an additional $850 million in bank debt facilities and says it will not pay an interim dividend for the half-year that ends in June. The airport says with the new financing it has $2.8 billion in total liquidity, giving it plenty of headroom...
Sydney Airport traffic down 97% in April

COVID-19 puts toll traffic in slow lane

Only three of Transurban’s 17 toll roads got busier during the March quarter – and one of those was in the United States – as coronavirus restrictions slowed average daily traffic across Sydney, Melbourne and Brisbane. Car trips on nearly all the...
Sydney Airport traffic down 97% in April

Traffic slows, toll prices will still rise

Toll giant Transurban says contracted price increases will still apply in Sydney and Melbourne roads from Wednesday even as coronavirus lockdown measures put the brakes on traffic volume. Tolls for cars will increase by between 2.0 and 8.0 cents a trip on some of...