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B Performance of Australia’s airports — sensitivity analysis

The Commission compared the monitored airports — Sydney, Melbourne, Brisbane and Perth — against a selection of overseas airports, for different indicators of airport performance (chapter 5). The Commission based some of its analysis on data from the Air Transport Research Society (ATRS) Airport Benchmarking Report (ATRS 2018). That report contains information for more than 200 airports in 2016.

The Commission presented results for a sample of airports with more than 10 million passengers in chapter 5 of its draft report Economic Regulation of Airports using the ATRS database for the following indicators:

 whole of airport operating costs per passenger (figure 5.4)

 input utilisation rates per million passengers (figure 5.5) – runways – terminal area – gates

 aeronautical revenue per passenger (figure 5.11)

Results for revenue and whole of airport operating costs per passenger were adjusted using both nominal United States Dollars (USD) and USD adjusted for purchasing power parity (PPP) (box 5.3).

The sensitivity of results was checked by using other samples of airports (box 5.2) and are presented below. Results are annotated with three-letter International Air Transport Association codes to allow readers to identify the airports in each sample (codes and corresponding airports are listed in table B.1).

The qualitative conclusions in chapter 5 are generally robust to variations in the sample of airports chosen, with some exceptions noted in chapter 5.

PERFORMANCE OF AUSTRALIA'S AIRPORTS — SENSITIVITY ANALYSIS 1

Figure B.1 Whole of airport operating costs per passenger – Nominal USDa,b Various airport samples, 2016

Standard sample - greater than 10 million passengers

35 30 25 20 15 10 5 0

KIX NGO TLV FRA HND CGN LHR NRT MUC GVA CDG ORY VIE DUB ZRH MAN MXP JFK FCO EWR ARN SIN AMS LGW LTN STR IAD HKG LGA HEL OAK DUS ORD MIA PER ICN CPH BOS PHL CAN HAM SMF LAX MAD PDX DEN TXL STN MDW SFO EDI YUL HNL SNA SZX PVG MCI DFW SJC SAN YYZ BHX AUS BGY DTW KUL BWI DCA PEK YYC PHX MCO TPA SVO AGP ATH BNA SEA HOU AKL STL BCN IAH YVR RDU BNE LIS MEL LAS DAL XMN MSP FLL IST LPA BKK HKT SYD ALC PMI GMP SLC MSY MAA HAK PUS ATL CLT CGK CJU

10 to 50 million passengers

35 30 25 20 15 10 5 0

KIX NGO TLV CGN NRT MUC GVA ORY VIE DUB ZRH MAN MXP FCO EWR ARN LGW LTN STR IAD LGA HEL OAK DUS MIA PER CPH BOS PHL HAM SMF PDX TXL STN MDW EDI YUL HNL SNA SZX MCI SJC SAN YYZ BHX AUS BGY DTW BWI DCA YYC PHX MCO TPA SVO AGP ATH BNA SEA HOU AKL STL BCN IAH YVR RDU BNE LIS MEL LAS DAL XMN MSP FLL LPA HKT SYD ALC PMI GMP SLC MSY MAA HAK PUS CLT CJU

Greater than 10 million passengers with less than 50 per cent international passengers

35 30 25 20 15 10 5 0

NGO HND EWR IAD LGA OAK ORD MIA PER BOS PHL CAN SMF LAX PDX DEN MDW SFO HNL SNA SZX PVG MCI DFW SJC SAN AUS DTW BWI DCA PEK YYC PHX MCO TPA SVO BNA SEA HOU STL IAH YVR RDU BNE MEL LAS DAL XMN MSP FLL SYD GMP SLC MSY MAA HAK PUS ATL CLT CGK CJU

Greater than 10 million passengers with above average aircraft size

35 30 25 20 15 10 5 0

KIX TLV FRA HND LHR NRT CDG ORY DUB MAN MXP JFK FCO SIN AMS LGW LTN HKG PER ICN CAN LAX MAD TXL STN SFO SZX PVG BGY KUL PEK MCO SVO AGP BCN BNE LIS MEL XMN FLL IST BKK HKT SYD ALC PMI GMP MAA HAK PUS ATL CGK CJU

Overseas Australian

a The Commission has used variable costs from the ATRS report as a proxy for operating costs. The ATRS defines variable costs as all non-capital related costs. Estimates are from whole of airport company financial reports and include non-aeronautical costs. PPP conversions are approximate and based on average exchange rates and PPP rates for 2016. b Passenger numbers for Australian airports are sourced from the ACCC monitoring report. Source: Commission estimates based on ATRS (2018).

2 ECONOMIC REGULATION OF AIRPORTS

Figure B.2 Whole of airport operating costs per passenger – PPP USDa,b Various airport samples, 2016

Standard sample - greater than 10 million passengers 40 35 30 25 20 15 10 5 0

KIX NGO TLV FRA CGN HND MUC NRT LHR KUL CDG ORY SIN VIE DUB SVO MXP CAN FCO MAN SZX PVG HKG MAA GVA BKK HKT ICN JFK PEK ZRH AMS STR EWR MAD DUS IST LGW LTN ARN IAD LGA HEL HAM OAK ORD MIA XMN TXL BOS PHL BGY ATH CPH PER SMF LAX STN EDI YUL AGP PDX DEN MDW LIS SFO HNL SNA YYZ BHX MCI BCN DFW SJC SAN CGK AUS DTW BWI DCA YYC LPA HAK PHX MCO TPA ALC BNA YVR PMI SEA HOU STL GMP IAH AKL RDU LAS DAL MSP FLL BNE MEL PUS SYD SLC MSY ATL CLT CJU

10 to 50 million passengers 40 35 30 25 20 15 10 5 0

KIX NGO TLV CGN MUC NRT ORY VIE DUB SVO MXP FCO MAN SZX MAA GVA HKT ZRH STR EWR DUS LGW LTN ARN IAD LGA HEL HAM OAK MIA XMN TXL BOS PHL BGY ATH CPH PER SMF STN EDI YUL AGP PDX MDW LIS HNL SNA YYZ BHX MCI BCN SJC SAN AUS DTW BWI DCA YYC LPA HAK PHX MCO TPA ALC BNA YVR PMI SEA HOU STL GMP IAH AKL RDU LAS DAL MSP FLL BNE MEL PUS SYD SLC MSY CLT CJU

Greater than 10 million passengers with less than 50 per cent international passengers 40 35 30 25 20 15 10 5 0

NGO HND SVO CAN SZX PVG MAA PEK EWR IAD LGA OAK ORD MIA XMN BOS PHL PER SMF LAX PDX DEN MDW SFO HNL SNA MCI DFW SJC SAN CGK AUS DTW BWI DCA YYC HAK PHX MCO TPA BNA YVR SEA HOU STL GMP IAH RDU LAS DAL MSP FLL BNE MEL PUS SYD SLC MSY ATL CLT CJU

Greater than 10 million passengers with above average aircraft size 40 35 30 25 20 15 10 5 0

KIX TLV FRA HND NRT LHR KUL CDG ORY SIN DUB SVO MXP CAN FCO MAN SZX PVG HKG MAA BKK HKT ICN JFK PEK AMS MAD IST LGW LTN XMN TXL BGY PER LAX STN AGP LIS SFO BCN CGK HAK MCO ALC PMI GMP FLL BNE MEL PUS SYD ATL CJU

Overseas Australian

a The Commission has used variable costs from the ATRS report as a proxy for operating costs. The ATRS defines variable costs as all non-capital related costs. Estimates are from whole of airport company financial reports and include non-aeronautical costs. PPP conversions are approximate and based on average exchange rates and PPP rates for 2016. b Passenger numbers for Australian airports are sourced from the ACCC monitoring report. Source: Commission estimates based on ATRS (2018).

PERFORMANCE OF AUSTRALIA'S AIRPORTS — SENSITIVITY ANALYSIS 3

Figure B.3 Runways per million passengersa Various airport samples, 2016

Standard sample - greater than 10 million passengers 0.35 0.30 0.25 0.20 0.15 0.10 0.05 0.00

OAK HOU BNA HNL STL MCI RDU YYC CGN MDW SMF SNA SJC IAD YUL BGY MSY BUD HEL DTW SLC TLV LPA BOS PDX EDI NCE AUS TPA WAW PRG LED PER BRU PUS YVR PHL DAL DCA HAM ARN GVA IAH AGP BWI MAA YYZ AKL ZRH MSP DFW CPH MXP DEN ORD ATH ORY FCO MCO AMS STR TXL NGO CLT MIA LIS BNE BHX SXF VIE DUS LAS ALC GMP MAD KIX MAN OSL PMI SFO EWR DUB SYD PHX LTN FLL BCN JFK CJU LGA IST HKT FRA SEA CDG PVG SVO MEL KUL SUB DEL HAK ICN NRT MNL CAN HND SHA LAX SAN ATL SZX MUC TPE LGW BOM XMN STN CGK BKK SIN SAW PEK HKG LHR DXB

10 to 50 million passengers 0.35 0.30 0.25 0.20 0.15 0.10 0.05 0.00

OAK HOU BNA HNL STL MCI RDU YYC CGN MDW SMF SNA SJC IAD YUL BGY MSY BUD HEL DTW SLC TLV LPA BOS PDX EDI NCE AUS TPA WAW PRG LED PER BRU PUS YVR PHL DAL DCA HAM ARN GVA IAH AGP BWI MAA YYZ AKL ZRH MSP CPH MXP ATH ORY FCO MCO STR TXL NGO CLT MIA LIS BNE BHX SXF VIE DUS LAS ALC GMP KIX MAN OSL PMI EWR DUB SYD PHX LTN FLL BCN CJU LGA HKT SEA SVO MEL SUB HAK NRT MNL SHA SAN SZX MUC TPE LGW BOM XMN STN SAW

Greater than 10 million passengers with less than 50 per cent international passengers 0.35 0.30 0.25 0.20 0.15 0.10 0.05 0.00

OAK HOU BNA HNL STL MCI RDU YYC MDW SMF SNA SJC IAD MSY DTW SLC BOS PDX AUS TPA LED PER PUS YVR PHL DAL DCA IAH BWI MAA MSP DFW DEN ORD MCO NGO CLT MIA BNE LAS GMP SFO EWR SYD PHX FLL CJU LGA SEA PVG SVO MEL SUB DEL HAK MNL CAN HND SHA LAX SAN ATL SZX BOM XMN CGK SAW PEK

Greater than 10 million passengers with above average aircraft size 0.35 0.30 0.25 0.20 0.15 0.10 0.05 0.00

BGY BUD TLV PER PUS AGP MAA MXP ORY FCO MCO AMS TXL LIS BNE SXF ALC GMP MAD KIX MAN OSL PMI SFO DUB SYD LTN FLL BCN JFK CJU IST HKT FRA CDG PVG SVO MEL KUL SUB DEL HAK ICN NRT MNL CAN HND SHA LAX ATL SZX TPE LGW BOM XMN STN CGK BKK SIN SAW PEK HKG LHR DXB

Overseas Australian

a Passenger numbers for Australian airports are sourced from the ACCC monitoring report. Source: Commission estimates based on ATRS (2018).

4 ECONOMIC REGULATION OF AIRPORTS

Figure B.4 Terminal area (’000 square metres) per million passengersa Various airport samples, 2016

Standard sample - greater than 10 million passengers

25 20 15 10 5 0

ALC MIA DXB NRT CDG AGP NGO FRA YYC MAD CAN KUL MXP HNL SIN LED IAD BCN YVR ICN PEK MCO PVG TPE SHA HKG YUL KIX DEL YYZ WAW STR IAH BNE DUS SZX MUC PMI XMN STL RDU ORY BKK PHL TPA MAA MSY AMS SYD SFO JFK MCI MAN BOM BHX DEN HND AKL HEL EWR BRU CGK SJC DTW SMF MNL LHR MSP DFW PDX NCE HAK LIS BUD BWI PHX ATH FCO CPH PUS ZRH BOS BNA SAW LAS TLV MEL SNA SEA VIE LAX PER ATL LGW LGA OSL ORD IST BGY ARN GVA DUB GMP DAL AUS FLL DCA HOU MDW SLC OAK SAN SUB CLT EDI CJU LTN TXL HAM HKT SXF

10 to 50 million passengers

25 20 15 10 5 0

ALC MIA NRT AGP NGO YYC MXP HNL LED IAD BCN YVR MCO TPE SHA YUL KIX YYZ WAW STR IAH BNE DUS SZX MUC PMI XMN STL RDU ORY PHL TPA MAA MSY SYD MCI MAN BOM BHX AKL HEL EWR BRU SJC DTW SMF MNL MSP PDX NCE HAK LIS BUD BWI PHX ATH FCO CPH PUS ZRH BOS BNA SAW LAS TLV MEL SNA SEA VIE PER LGW LGA OSL BGY ARN GVA DUB GMP DAL AUS FLL DCA HOU MDW SLC OAK SAN SUB CLT EDI CJU LTN TXL HAM HKT SXF

Greater than 10 million passengers with less than 50 per cent international passengers

25 20 15 10 5 0

MIA NGO YYC CAN HNL LED IAD YVR PEK MCO PVG SHA DEL IAH BNE SZX XMN STL RDU PHL TPA MAA MSY SYD SFO MCI BOM DEN HND EWR CGK SJC DTW SMF MNL MSP DFW PDX HAK BWI PHX PUS BOS BNA SAW LAS MEL SNA SEA LAX PER ATL LGA ORD GMP DAL AUS FLL DCA HOU MDW SLC OAK SAN SUB CLT CJU

Greater than 10 million passengers with above average aircraft size

25 20 15 10 5 0

ALC DXB NRT CDG AGP FRA MAD CAN KUL MXP SIN BCN ICN PEK MCO PVG TPE SHA HKG KIX DEL BNE SZX PMI XMN ORY BKK MAA AMS SYD SFO JFK MAN BOM HND CGK MNL LHR HAK LIS BUD FCO PUS SAW TLV MEL LAX PER ATL LGW OSL IST BGY DUB GMP FLL SUB CJU LTN TXL HKT SXF

Overseas Australian

a Passenger numbers for Australian airports are sourced from the ACCC monitoring report. Source: Commission estimates based on ATRS (2018).

PERFORMANCE OF AUSTRALIA'S AIRPORTS — SENSITIVITY ANALYSIS 5

Figure B.5 Gates per million passengersa Various airport samples, 2016

Standard sample - greater than 10 million passengers 7 6 5 4 3 2 1 0

STR MXP YYC MCI IAD SXF YUL YVR BRU RDU MUC IAH PER CGN MAD STN WAW PHL NCE HAK VIE DTW PRG ZRH DUS BNE MSY BCN SMF CPH ARN AKL YYZ BNA SLC LGW TPA PMI MSP PDX CDG STL HAM LPA AMS BHX HEL AGP MIA EDI BWI MCO SAN LED BOS EWR LGA SJC DUB TXL DFW OAK OSL ORD BOM DEN FRA BGY LAS HNL DEL NGO LIS MAN ATH BUD CLT GVA CGK KUL SAW BKK MDW ICN ALC KIX JFK SNA ATL ORY FCO AUS PHX MEL SFO FLL HOU NRT DCA LTN LHR CAN SIN SHA SVO TLV XMN PVG SEA DXB LAX SZX PEK SUB MNL SYD DAL HKG PUS MAA GMP IST TPE HND CJU HKT

10 to 50 million passengers 7 6 5 4 3 2 1 0

STR MXP YYC MCI IAD SXF YUL YVR BRU RDU MUC IAH PER CGN STN WAW PHL NCE HAK VIE DTW PRG ZRH DUS BNE MSY BCN SMF CPH ARN AKL YYZ BNA SLC LGW TPA PMI MSP PDX STL HAM LPA BHX HEL AGP MIA EDI BWI MCO SAN LED BOS EWR LGA SJC DUB TXL OAK OSL BOM BGY LAS HNL NGO LIS MAN ATH BUD CLT GVA SAW MDW ALC KIX SNA ORY FCO AUS PHX MEL FLL HOU NRT DCA LTN SHA SVO TLV XMN SEA SZX SUB MNL SYD DAL PUS MAA GMP TPE CJU HKT

Greater than 10 million passengers with less than 50 per cent international passengers 7 6 5 4 3 2 1 0

YYC MCI IAD YVR RDU IAH PER PHL HAK DTW BNE MSY SMF BNA SLC TPA MSP PDX STL MIA BWI MCO SAN LED BOS EWR LGA SJC DFW OAK ORD BOM DEN LAS HNL DEL NGO CLT CGK SAW MDW SNA ATL AUS PHX MEL SFO FLL HOU DCA CAN SHA SVO XMN PVG SEA LAX SZX PEK SUB MNL SYD DAL PUS MAA GMP HND CJU

Greater than 10 million passengers with above average aircraft size 7 6 5 4 3 2 1 0

MXP SXF PER MAD STN HAK BNE BCN LGW PMI CDG AMS AGP MCO DUB TXL OSL BOM FRA BGY DEL LIS MAN BUD CGK KUL SAW BKK ICN ALC KIX JFK ATL ORY FCO MEL SFO FLL NRT LTN LHR CAN SIN SHA SVO TLV XMN PVG DXB LAX SZX PEK SUB MNL SYD HKG PUS MAA GMP IST TPE HND CJU HKT

Overseas Australian

a Passenger numbers for Australian airports are sourced from the ACCC monitoring report. Source: Commission estimates based on ATRS (2018).

6 ECONOMIC REGULATION OF AIRPORTS

Figure B.6 Aeronautical revenue per passenger – Nominal USDa Various airport samples, 2016

Standard sample - greater than 10 million passengers

35 30 25 20 15 10 5 0

LHR NRT NGO CDG ORY TLV MUC CGN HEL EWR MAD ZRH JFK BRU GVA MXP FRA BCN SYD DUS STR MIA VIE FCO LED IAD LGW PER ICN SIN CAN HAM DUB AKL LGA LAX MAN STN SFO EDI LIS AGP PMI BNE ARN YUL ALC MEL SXF TXL ORD CPH SMF LPA OAK YYZ BOS AMS SZX HKG PVG HND PHL PEK HNL ATH DCA SJC LTN BHX BGY STL BKK HKT LAS DEN SAN PDX XMN KUL TPE IAH DFW SVO SEA BWI SNA DTW MDW YYC AUS YVR RDU HOU MCO MCI PUS CGK MSY MSP MAA GMP IST PHX TPA BNA FLL HAK SLC CJU DAL CLT ATL

10 to 50 million passengers

35 30 25 20 15 10 5 0

NRT NGO ORY TLV MUC CGN HEL EWR ZRH BRU GVA MXP BCN SYD DUS STR MIA VIE FCO LED IAD LGW PER HAM DUB AKL LGA MAN STN EDI LIS AGP PMI BNE ARN YUL ALC MEL SXF TXL CPH SMF LPA OAK YYZ BOS SZX PHL HNL ATH DCA SJC LTN BHX BGY STL HKT LAS SAN PDX XMN TPE IAH SVO SEA BWI SNA DTW MDW YYC AUS YVR RDU HOU MCO MCI PUS MSY MSP MAA GMP PHX TPA BNA FLL HAK SLC CJU DAL CLT

Greater than 10 million passengers with less than 50 per cent international passengers

35 30 25 20 15 10 5 0

NGO EWR SYD MIA LED IAD PER CAN LGA LAX SFO BNE MEL ORD SMF OAK BOS SZX PVG HND PHL PEK HNL DCA SJC STL LAS DEN SAN PDX XMN IAH DFW SVO SEA BWI SNA DTW MDW YYC AUS YVR RDU HOU MCO MCI PUS CGK MSY MSP MAA GMP PHX TPA BNA FLL HAK SLC CJU DAL CLT ATL

Greater than 10 million passengers with above average aircraft size

35 30 25 20 15 10 5 0

LHR NRT CDG ORY TLV MAD JFK MXP FRA BCN SYD FCO LGW PER ICN SIN CAN DUB LAX MAN STN SFO LIS AGP PMI BNE ALC MEL SXF TXL AMS SZX HKG PVG HND PEK LTN BGY BKK HKT XMN KUL TPE SVO MCO PUS CGK MAA GMP IST FLL HAK CJU ATL

Overseas Australian

a ATRS estimates of total revenue from , terminal and other fees for overseas airports, based on annual financial reports for 2016. ATRS figures exclude security charges. For consistency with figure 5.9, this figure uses ACCC monitoring report data for Australian airports. Average values are used for 2015-16 and 2016-17. This includes aeronautical security charges and as a result, aeronautical revenue per passenger will be overstated for Australian airport relative to overseas airports in the sample. Source: Commission estimates based on ATRS (2018).

PERFORMANCE OF AUSTRALIA'S AIRPORTS — SENSITIVITY ANALYSIS 7

Figure B.7 Aeronautical revenue per passenger – PPP USDa Various airport samples, 2016

Standard sample - greater than 10 million passengers

35 30 25 20 15 10 5 0

LED LHR NRT NGO MAD CDG ORY MUC CGN CAN BCN TLV BKK HKT MXP HEL BRU SIN FRA EWR KUL SZX FCO JFK SVO PVG DUS STR ICN LIS PEK VIE MAA ZRH MIA CGK AGP PMI ALC LGW HAM GVA IAD SYD LPA XMN DUB HKG ATH SXF TXL MAN STN PER LGA EDI AKL LAX YUL SFO AMS YYZ ORD ARN SMF OAK HND BOS BGY BNE MEL IST CPH PHL LTN BHX HNL DCA SJC STL LAS DEN SAN PDX IAH DFW PUS SEA BWI SNA HAK DTW YYC MDW YVR AUS GMP RDU HOU MCO MCI MSY MSP PHX TPA CJU BNA FLL SLC DAL CLT ATL

10 to 50 million passengers

35 30 25 20 15 10 5 0

LED NRT NGO ORY MUC CGN BCN TLV HKT MXP HEL BRU EWR SZX FCO SVO DUS STR LIS VIE MAA ZRH MIA AGP PMI ALC LGW HAM GVA IAD SYD LPA XMN DUB ATH SXF TXL MAN STN PER LGA EDI AKL YUL YYZ ARN SMF OAK BOS BGY BNE MEL CPH PHL LTN BHX HNL DCA SJC STL LAS SAN PDX IAH PUS SEA BWI SNA HAK DTW YYC MDW YVR AUS GMP RDU HOU MCO MCI MSY MSP PHX TPA CJU BNA FLL SLC DAL CLT

Greater than 10 million passengers with less than 50 per cent international passengers

35 30 25 20 15 10 5 0

LED NGO CAN EWR SZX SVO PVG PEK MAA MIA CGK IAD SYD XMN PER LGA LAX SFO ORD SMF OAK HND BOS BNE MEL PHL HNL DCA SJC STL LAS DEN SAN PDX IAH DFW PUS SEA BWI SNA HAK DTW YYC MDW YVR AUS GMP RDU HOU MCO MCI MSY MSP PHX TPA CJU BNA FLL SLC DAL CLT ATL

Greater than 10 million passengers with above average aircraft size

35 30 25 20 15 10 5 0

LHR NRT MAD CDG ORY CAN BCN TLV BKK HKT MXP SIN FRA KUL SZX FCO JFK SVO PVG ICN LIS PEK MAA CGK AGP PMI ALC LGW SYD XMN DUB HKG SXF TXL MAN STN PER LAX SFO AMS HND BGY BNE MEL IST LTN PUS HAK GMP MCO CJU FLL ATL

Overseas Australian

a ATRS estimates of total revenue from landing, terminal and other fees for overseas airports, based on annual financial reports for 2016. ATRS figures exclude security charges. For consistency with figure 5.9, this figure uses ACCC monitoring report data for Australian airports. Average values are used for 2015-16 and 2016-17. This includes aeronautical security charges and as a result, aeronautical revenue per passenger will be overstated for Australian airport relative to overseas airports in the sample. Source: Commission estimates based on ATRS (2018).

8 ECONOMIC REGULATION OF AIRPORTS

Table B.1 IATA airport codes

IATA code Airport Country

AKL Auckland Airport New Zealand ALC Alicante-Elche Airport Spain AMS Amsterdam Airport Schiphol Netherlands ARN Stockholm Arlanda Airport Sweden ATH Athens Eleftherios Venizelos Greece ATL Hartsfield–Jackson Atlanta International Airport United States AUS Austin-Bergstrom International Airport United States BCN Barcelona-El Prat Airport Spain BGY Orio al Serio International Airport (Bergamo/Milan) Italy BHX Birmingham Airport United Kingdom BKK (Bangkok) BNA Nashville International Airport United States BNE Brisbane Airport Australia BOM Chhatrapati Shivaji Maharaj Airport (Mumbai) India General Edward Lawrence Logan International Airport BOS United States (Boston) BRU Belgium BUD Budapest Ferenc Liszt International Airport Hungary Baltimore/Washington International Thurgood Marshall BWI United States Airport CAN Guangzhou Baiyun International Airport CDG Paris Charles de Gaulle Airport France CGK Soekarno-Hatta International Airport () CGN Germany CJU Jeju International Airport Korea, Rep. CLT Charlotte Douglas International Airport United States CPH , Kastrup Denmark DAL Dallas Love Field United States DCA Ronald Reagan Washington National Airport United States DEL Indira Gandhi International Airport (Delhi) India DEN Denver International Airport United States DFW Dallas/Fort Worth International Airport United States DTW Detroit Metropolitan Wayne County Airport United States DUB Ireland DUS Düsseldorf Airport Germany DXB Dubai International Airport United Arab Emirates EDI Edinburgh Airport United Kingdom EWR Newark Liberty International Airport (New York/New Jersey) United States FCO Rome–Fiumicino International Airport Italy FLL Fort Lauderdale-Hollywood International Airport United States FRA Frankfurt am Main Airport Germany GMP Gimpo International Airport (Seoul) Korea, Rep. GVA Switzerland

(continued next page)

PERFORMANCE OF AUSTRALIA'S AIRPORTS — SENSITIVITY ANALYSIS 9

Table B.1 (continued)

IATA code Airport Country

HAK Haikou Meilan International Airport China HAM Hamburg Airport Germany HEL Finland HKG International Airport Hong Kong, China HKT Phuket International Airport Thailand HND Tokyo International Airport HNL Daniel K. Inouye International Airport () United States HOU William P. Hobby Airport (Houston) United States IAD Washington Dulles International Airport United States IAH George Bush Intercontinental Airport (Houston) United States ICN Incheon International Airport (Seoul) Korea, Rep. IST Istanbul Atatürk Airport Turkey JFK John F. Kennedy International Airport (New York) United States KIX Kansai International Airport (Osaka) Japan KUL Kuala Lumpur International Airport Malaysia LAS McCarran International Airport (Las Vegas) United States LAX Los Angeles International Airport United States LED (St. Petersburg) Russian Federation LGA LaGuardia Airport (New York) United States LGW (London) United Kingdom LHR (London) United Kingdom LIS Humberto Delgado Airport (Lisbon) Portugal LPA Gran Canaria Airport Spain LTN London United Kingdom MAA Chennai International Airport India MAD Adolfo Suárez Madrid-Barajas Airport Spain MAN United Kingdom MCI Kansas City International Airport United States MCO Orlando International Airport United States MDW Chicago Midway International Airport United States MEL Melbourne Airport Australia MIA Miami International Airport United States MNL Ninoy Aquino International Airport (Manila) MSP Minneapolis−Saint Paul International Airport United States MSY Louis Armstrong New Orleans International Airport United States MUC Germany MXP Italy NCE Nice Cote D’Azur Airport France NGO Chubu Centrair International Airport (Nagoya) Japan NRT Narita International Airport (Tokyo) Japan OAK Oakland International Airport United States ORD O’Hare International Airport (Chicago) United States

(continued next page)

10 ECONOMIC REGULATION OF AIRPORTS

Table B.1 (continued)

IATA code Airport Country ORY Paris France OSL Oslo Airport Norway PDX Portland International Airport United States PEK Beijing Capital International Airport China PER Perth Airport Australia PHL Philadelphia International Airport United States PHX Phoenix Sky Harbor International Airport United States PMI Palma de Mallorca Airport Spain PRG Václav Havel Airport Prague Czech Republic PUS Gimhae International Airport (Busan) Korea, Rep. PVG Shanghai Pudong International Airport China RDU Raleigh-Durham International Airport United States SAN San Diego International Airport United States SAW Sabiha Gokcen International Airport (Istanbul) Turkey SEA Seattle-Tacoma International Airport United States SFO San Francisco International Airport United States SHA Shanghai Hongqiao International Airport China SIN Changi Airport () Singapore SJC Norman Y. Mineta San Jose International Airport United States SLC Salt Lake City International Airport United States SMF Sacramento International Airport United States SNA John Wayne Airport (Orange County) United States STL St. Louis Lambert International Airport United States STN United Kingdom STR Germany SUB Juanda International Airport (Surabaya) Indonesia SVO Sheremetyevo International Airport (Moscow) Russian Federation SXF Berlin Schönefeld Airport Germany SYD Sydney Airport Australia SZX Shenzhen Bao’an International Airport China TLV Ben Gurion Airport () TPA Tampa International Airport United States TPE Taiwan Taoyuan International Airport Taiwan TXL Berlin Tegel Airport Germany VIE Vienna International Airport Austria WAW Warsaw Frederic Chopin Airport Poland XMN Xiamen Gaoqi International Airport China YUL Montréal-Pierre Elliott Trudeau International Airport Canada YVR Vancouver International Airport Canada YYC Calgary International Airport Canada YYZ Toronto Pearson International Airport Canada ZRH Switzerland

Source: ATRS (2018).

PERFORMANCE OF AUSTRALIA'S AIRPORTS — SENSITIVITY ANALYSIS 11