Airport officials have told the Morrison government the combined losses have reached $2.2 billion already and are expected to surpass $3.5 billion in total this year.
In a budget submission that sets out the financial risks, the Australian Airports Association presses the government to contribute more to the cost of security for hundreds of grounded planes.It proposes a $437 million recovery plan that includes $237 million in immediate relief including an extension of the JobKeeper wage subsidy for regional airport staff, who are currently ineligible.
CroweDM So let’s build another one
CroweDM After years off being extorted with parking costs... karma is a bitch
CroweDM “ and now, the end is near” Australian airlines have reached their final curtin. Two airlines will dominate world air travel .
CroweDM Oh well Sydney Airport made a killing in previous years and just thought the cash cow would go forever and didn’t save for a rainy day.
CroweDM Now they know how we all feel when we pay their exorbitant parking fees!
CroweDM And all the parking fines their missing out on still they own most of the toll roads
CroweDM How much are Australians saving each month staying at home?
CroweDM Ah the revenue stream from over the roof pricing of car park at Sydney airport!!
CroweDM Are the Nine journalists who got caught being text message buddies with the PMO on a hot mic in Qld as arrogant as this News Corp journo? What about the Nine people that held a Liberal party fundraiser? Arrogant? Undemocratic?
CroweDM $3.5 billion? That's like... 40 minutes worth of parking in the short term car park! 🅿
CroweDM Yet another capitalism/privatisation success story. Can’t wait until my taxes are used to bail out privately run monopoly airports too.
CroweDM Thoughts and Prayers