Melbourne Airport chief predicts air-travel to get cheaper
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An Australian expert has forecast on Sunday the cost of air travel will continue to plunge as passenger numbers rise.
Lyell Strambi, CEO of the Melbourne Airport, said airport investment in infrastructure such as automated terminals was pushing down the cost for airlines.
"If you look at air travel pricing over the long run we'll see the prices continually come down, and airports are part of that story," Strambi told Australian media on the 20th anniversary of the privatization of the Melbourne Airport.
The number of people using Melbourne Airport has more than doubled since 1997 to 35 million. /VCG hoto
The number of people using Melbourne Airport has more than doubled since 1997 to 35 million. /VCG hoto
Passenger numbers rise
"For airlines to be successful they need to be driving cheaper and cheaper fares for their customers for the given level of quality they want to achieve," he added.
The number of people using Melbourne Airport has more than doubled – from nearly 14 million a year in 1997 to more than 35 million over the past 12 months.
Mr Strambi said he expected the growth to continue, and for the number of passengers to double again over the next 20 years.