Does Sydney Need a Second Airport Case Study Example

Does Sydney Need a Second Airport Case Study Example Does Sydney Need a Second Airport â€" Case Study Example > The paper “ Does Sydney Need a Second Airport? ” is a   forceful example of a case study on   social science. Sydney, the capital of New South Wales, is the commercial center of Australia. The Sydney harbor bridge welcomes all travelers, be it by sea or air. Businesses are conducted from all across the world, and many a traveler prefers to enter the country through this city. Well connected by air and seaports, Sydney is among the busiest commercial cities in the world. Not surprisingly, Sydney Airport has become synonymous with the bustling global business hub in Australia. Sydney International Airport, or Sydney Airport as it is commonly known as, is located in the Sydney suburb of Mascot, a few kilometers from the city of Sydney. Sydney (Kingsford Smith) Airport has the distinction of being the world's oldest continually operated commercial airport, besides being Australia’ s busiest commercial airport. It is estimated that this airport alone handled in excess of 30 million passengers in 2006, and expected to handle over 68 million passengers by 2020 (wikipedia. org). According to an airwise report in 2005, a 14.7 percent rise (AUD $245.7 million) was reported during the first half earnings by Sydney Airport. Southern Cross, the owners of Sydney Airport said that the airport saw a 13 percent growth by December 31, 2004, over the first half of the previous fiscal year. This trend continued during the first half earnings of 2005, giving thoughts of continued growth in the following fiscal years. This change has been attributed to improved passenger benefits including, additional airline services, and improved yields from commercial initiatives and increased property revenues. This trend is expected to continue and the flow of passengers is expected to multifold. When the world's largest civil aircraft, the Airbus A380, was unveiled, Sydney awarded contracts jointly worth AUD$54 million to two companies to prepare the airport for the superjumbos. This only goes to show that Sydney is, in fact, getting ready to receive more passengers in the coming years (Airwise, 2005). Globalization has made business more competitive. Many third world countries like China and India have embraced globalization with stunning results. These two countries are today the fastest emerging economies in the world. Their per capita income has risen dramatically, and thousands of Chinese and Indians today travel abroad on holidays. With their income level rising, many more Chinese and Indians are expected to travel abroad. The volume of travelers from these two countries alone will be far too much for many of the existing airports in the world to handle. Australia offers a lot in terms of tourism and is a favored destination for many Asians today. This trend is expec ted to grow and reach such a level that many airports, Sydney included, will have to enhance their capacity to accommodate this contingency. Another feature will be the introduction of many more airlines. The current flow of traffic will also increase, making traffic operations hard to manage. In such a scenario, it is but necessary to either expand the present infrastructure to accommodate more passengers and aircraft or look to build another airport to handle the additional load in the future. From the current trend seen from airwise, the volume of traffic is definitely expected to grow alarmingly, generating huge revenue inflow, but also leaving airport authorities scratching their heads under intense pressure to perform.