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FUTURE GENERATION AUSTRALIA LIMITED — Capital/Financing Update 2008
Jan 17, 2008
64916_rns_2008-01-17_8d52bfdf-dddb-4185-84cd-8bf37d36bfa8.pdf
Capital/Financing Update
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ASX Announcement
Australian Infrastructure Fund (AIX)
18 January 2008
Record December numbers at Darwin International Airport
Attached is an announcement from Darwin Airport.
AIX owns 28.2 percent of NT Airports (the holding company for Darwin, Alice Springs and Tennant Creek airports) and NT Airports represent 4.9 percent of the AIX portfolio.
For further enquiries, please contact:
Peter McGregor Chief Operating Officer
Australian Infrastructure Fund Tel: +61 3 9654 4477 Fax: +61 3 9650 6555 Email: [email protected] Website: www.hfm.com.au
Simon Ondaatje Head of Investor Relations
Hastings Funds Management Tel: +61 3 9654 4477 Fax: +61 3 9650 6555 Email: [email protected] Website: www.hfm.com.au
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Claire Filson Company Secretary Australian Infrastructure Fund
Unless otherwise stated, the information contained in this document is for informational purposes only. It does not constitute an offer of securities and should not be relied upon as financial advice. The information has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person or entity. Before making an investment decision you should consider, with or without the assistance of a financial adviser, whether any investments are appropriate in light of your particular investment needs, objectives and financial circumstances. Neither Hastings, nor any of its related parties, guarantees the repayment of capital or performance of any of the entities referred to in this document and past performance is no guarantee of future performance. Hastings, as the Manager or Trustee of various funds, is entitled to receive management and performance fees.
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MEDIA RELEASE
Thursday 17[th] January 2008
RECORD DECEMBER NUMBERS AT DARWIN INTERNATIONAL AIRPORT
Northern Territory Airports’ CEO Mr Ian Kew today announced the highest December passenger volumes at Darwin Airport since privatisation.
In December 2007 international traffic was 23.2% higher and domestic traffic up 17.9% compared to December 2006. The increases in traffic were due to a number of factors, including increased seat capacity, reduced air fares and new air services to key markets.
Mr Kew added, “December saw the commencement of Tiger Airways’ daily Melbourne-Darwin services, and an increase from five services per week to daily on the Singapore-Darwin sector. Additionally, Jetstar maintained daily services on the Melbourne-Darwin sector, which it historically reduced to three per week”. During December Qantas also operated a number of supplementary services to cater for increased demand, while Airnorth added a third weekly service to Bali.
In total, an additional 20,100 international and domestic passengers passed through Darwin Airport last month compared to December 2006.
Tiger Airways’ connecting services between Melbourne and Singapore have proved extremely popular, with Mr Kew urging the Top End’s tourism industry to work together to capture the benefits of increased traffic via Darwin. “While we have increased numbers at Darwin Airport, this does not necessarily mean that all passengers are spending time in Darwin. There is a huge opportunity for us to increase stopover traffic to Darwin, which may have otherwise flown straight over the top of our city.”
In order to meet growing passenger volumes, Darwin International Airport is currently developing a number of expansion options for its Airport infrastructure. It is anticipated that these will be discussed with airline partners and other stakeholders in the near future, with public announcements expected later this year. In the short term however, the Airport has replaced public seating throughout the terminal, and next month will be unveiling a new café in the arrivals area (ground floor).