Shares in the operator of Beijing Capital International Airport soared 11.1% yesterday as the swine flu outbreak shows further signs of containment. Airport shares were stronger virtually across the board as global markets embrace the prospect of an economic recovery.
China’s Purchasing Manufacturer’s Index was positive again last month, which has helped aviation stocks in that country.
Beijing has also significantly outperformed its rivals over the past six months in terms of passenger numbers growth – although last year’s figures were depressed by Olympics-related security and congestion issues.
For daily updates on American aviation stock prices and a complete wrap of the day's breaking news, sign up now for a complimentary subscription to America Airline Daily.
Selected airports daily share price movements (% change): 04-May-09
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.