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Sydney Airport Holdings Pty Ltd (ASX:SYD)

Transportation

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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.

Sydney Airport Holdings Pty Ltd (ASX:SYD) share price

Sydney Airport Holdings Pty Ltd (ASX:SYD) share price news

Today's ASX news
Drew Meredith, CFP

My 3 ASX takeaways from the week

Over the week, the technology and discretionary sectors pulled the S&P/ASX 200 (ASX: XJO) down 0.5%. Here are my 3 key takeaways.

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