Canberra Airport has announced it will close entirely on Saturdays as a result of the huge drop in business.Sydney Airport, the largest in Australia, today also asked investors for a $2 billion bailout after revealing a $53.6 million loss in the first six months of 2020.
"This is happening because it's really the only option available to many airports in order to be able to save on some of those fixed costs," James Goodwin, from the Australian Airports Association, told 9News. Industry Minister Karen Andrews said the restrictions on international travel were the greatest Sydney Airport had seen since World War II, while the limits on domestic travel were the heaviest it faced in the history of the nation's federation.
Sydney Airport, the largest in Australia, today also asked investors for a $2 billion bailout after revealing a $53.6 million loss in the first six months of 2020. Despite the federal government offering up almost $2 billion in support funds for the aviation industry, Mr Goodwin said most went directly to individual airlines rather than airports.
Don't forget HCQ.
Good. Disband aviation
And how ScottMorrisonMP let the airlines go under
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