Shares in airport operators had another day of heavy falls in trading on Tuesday, as most global indexes reported more declines. Vienna Airport shares were down 6.7%, the heaviest fall of the day, while Copenhagen Airport gave up 4.7%. Also down 4.7% was Auckland Airport. Air New Zealand, the major airline operator at the airport, issued a profit warning yesterday, based on a combination of higher oil prices, weaker domestic demand and a downturn in business from Japan.
- Passenger numbers: 13.3 million, +10.8% year-on-year;
- Cargo volume: 319,698 tonnes, -0.3%;
- Aircraft movements: 115,836, +5.1%;
Selected ABD daily share price movements (% change): 15-Mar-2011
Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.