"Sydney Airport......it's one classy asset"
Certainly a monopoly asset.
But personally, I think of the economic recovery and oil getting to US$300 a barrel in 3-4 years time. Will the demand for flights still be there, given the oil price surcharges the airlines will charge?
Might be short term upside, but long term, I think all airports are strategically a sell.
price, page-17
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