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Sydney Airport transits up by 7pc in 2024

  • : Oil products
  • 25/01/29

Passenger numbers rose on the quarter and year at Australia's Sydney Airport in October-December, but remain behind pre-Covid-19 levels, meaning jet fuel demand is likely to be higher in 2025.

Total transits at the nation's busiest airport were up by more than 500,000 on a year earlier in the quarter, aided by a 7pc rise in international passengers, while domestic numbers were up by 4pc.

Numbers were also up in 2024 compared with 2023's annual figure, again aided by a 12pc rise in international terminal passengers, while domestic numbers rose by just 4pc.

Total transits of 41.39mn were 7pc higher than a year earlier but are still 7pc below 2019 levels, the last full year before pandemic-era travel restrictions resulted in Sydney's figures dropping by 75pc in 2020.

Passenger traffic at Australia's Melbourne Airport — the nation's second busiest — rose by 7pc on the year in 2024 to 35.75mn, 5pc below 2019's 37.45mn.

Jet fuel sales rose by 11pc in the first 11 months of 2024 to 160,000 b/d, with November the latest month for which data from Australian Petroleum Statistics are available. The figure was 161,000 b/d in January-November 2019, suggesting further growth in jet fuel demand is possible this year.

Sydney Airport passenger trafficmn
Oct-Dec '24Jul-Sep '24Oct-Dec '23202420232019q-o-q % ±y-o-y % ±2024 vs 2023 % ±
Total1110.310.541.438.744.4657
International4.444.116.314.516.98712
Domestic6.76.36.425.124.127.5544

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25/03/04

US fuel producers urge 'quick resolution' on tariffs

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Mexico denounces Trump tariffs, retaliation to come


25/03/04
25/03/04

Mexico denounces Trump tariffs, retaliation to come

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Maersk launches dual-fuel methanol vessel


25/03/04
25/03/04

Maersk launches dual-fuel methanol vessel

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Australia should incentivise renewable fuels: Lobby


25/03/04
25/03/04

Australia should incentivise renewable fuels: Lobby

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