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THE FOOL'S EYE VIEW

Airports: a flight to safety?

A look at how some of these strategic assets have managed to deliver attractive total returns to shareholders

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Even in the case of Sydney Airport, debt does not appear to be a major concern. The interest payments on its loans are more than adequately covered by its free cash flow. There is even enough left over to reward shareholders with dividends.

AIRPORTS can be quite exciting places. A trip to the airport could mean that we are about to jet off to somewhere glamorous. Airports can also be quite comforting places. It could mean that we have just come back home from a long trip to somewhere exotic. But whether we are jetting off or...

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