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Australian Infrastructure Fund and Malaysia Airports Holding Berhad gain on traffic releases

Analysis

Shares in Australian Infrastructure Fund (AIX), 49.1% stakeholder in Queensland Airports Ltd (QAL), rose 1.2% yesterday. QAL released its traffic report for Gold Coast, Townsville and Mount Isa airports for the 12 months ended 30-Jun-2010.

Gold Coast Airport reports 9.7% rise in pax for year ended Jun-2010

The three QAL airports handled 7 million passengers in total, up 9.7% year-on-year. Gold Coast Airport led the way - its passenger throughout surged 12%, while Townsville rose 4% and Mount Isa remained relatively flat with 1% growth.

QAL is 100% Australian owned, with Hastings Funds Management the responsible entity for AIX (49.1%) and trustee for The Infrastructure Fund (TIF) (33.7%), and Perron Investments holding the remaining shares.

AIX's other airport interests include Airstralia Development Group (Perth Airport: 29.7%), HOCHTIEF AirPort Capital (HTAC) (Athens: 5.3%, Düsseldorf: 4.0%, Hamburg: 5.7% and Sydney: 2.6%), Australia Pacific Airports Corporation (APAC) (Melbourne and Launceston airports: 10.2%), Airport Development Group (NT Airports) (Darwin, Alice Springs and Tennant Creek airports: 28.2%).

See CAPA Airport Operators/Investments profile on Australia Infrastructure Fund

Kuala Lumpur reports 17.8% rise in May-2010 pax and cargo surge

In Southeast Asia, Malaysia Airports Holding Berhad (MAHB), operator of Kuala Lumpur International Airport, closed 0.2% higher yesterday. Passenger traffic at Kuala Lumpur surged 17.8% in May-2010 to 2.7 million passengers, as highlighted in MAHB's traffic report released on 21-Jul-2010. International pax soared 24.7% year-on-year to 1.9 million, while domestic pax rose 4.7% to 849,442. The airport also reported cargo growth of 28.8% and an 8.4% increase in aircraft movements.

MAHB manages and operates 39 airports in Malaysia: five international, 16 domestic and 18 short take-off and landing ports.

See CAPA Airport Operators/Investments profile on Malaysia Airports Holding Berhad

Selected airports daily share price movements (% change): 21-Jul-2010

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