Sydney Airport Holdings Pty Ltd (ASX:SYD) is the company that operates the Kingsford Smith Airport, it currently has a 99-year lease on the airport but it will revert back to government ownership at the end of this century. According to Sydney Airport, as of 2019, it generates around $31 billion in economic activity for Australia each year. That’s equivalent to more than 6% of the NSW economy.
Many ASX travel sector shares went nuts today, with seemingly more support on the way from the Australian federal government.
The S&P/ASX 200 (INDEXASX:XJO) is expected to push higher when the market opens on Thursday. Woolworths (ASX:WOW) and Platinum (ASX:PTM) shares are in the news.
The Sydney Airport Holdings Pty Ltd (ASX:SYD) share price is up around 3% after reporting its FY20 result.
The ETF in this article could be an effective way to diversify your ASX share portfolio. It’s BetaShares Australian Ex-20 Portfolio Diversifier ETF (ASX:EX20).
There are a few really good ASX dividend shares available to Aussie investors in my opinion.
Can the ASX travel shares like Webjet Limited (ASX:WEB), Qantas Airways Limited (ASX:QAN) and Flight Centre Travel Group Ltd (ASX:FLT) fly higher?
The Sydney Airport Holdings Pty Ltd (ASX:SYD) share price is down after its traffic update for December 2020 was released.
The S&P/ASX 200 (INDEXASX:XJO) is heading for a flat open this morning. A2 Milk (ASX:A2M) and Transurban (ASX:TCL) shares are in the news.
Could the Sydney Airport Holdings Pty Ltd (ASX:SYD) share price be a dividend recovery idea? It announced its monthly traffic update for November.