Western Sydney International, a A$5.6 billion airport about 50 km from the city centre, welcomed its first passenger flight on Sunday (18 October), a Jetstar service to Gold Coast, but its commercial outlook is in question. Cirium data show it has attracted only a few airlines and is expected to host at most about 6 scheduled flights a day over the next 12 months, as the Iran conflict pushes up fuel costs and many carriers, including Qantas, cut domestic routes. The rail link is not expected until 2027 at the earliest, while a bus to central Sydney costs A$55 and takes about an hour, compared with a 20-minute taxi or train ride from Sydney Kingsford Smith airport. University of Sydney transport professor David Levinson believes forecasts of 8.4 million passengers a year by the end of the decade are optimistic. The airport's advantage is that it is not subject to a night curfew, and it aims to serve 82 million passengers a year by 2063.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Sân bay quốc tế 4 tỷ USD mà Vietjet sắp khai thác đường bay: Chỉ có 6 chuyến/ngày, đường sắt kết nối chưa xong, đi bus cũng tốn gần 1 triệu đồng mới tới trung tâm
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aviationVietjetoil pricesAustralia
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Related tickers and likely impact
VJC
▼ Likely negativeVietjet Air
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Travel & Leisure |
| Industry | Airlines |
| Market cap | 98,060 bn VND |
| P/E | 45.0 |
| P/B | 3.72 |
| Close on 10/19/2026 | 127.50 |
| Change that session | 0.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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