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Copenhagen and Zurich shares up. Geneva Airports’ traffic less bad than feared? Mexican pax halved

4-Jun-2009

Shares in the operators of Copenhagen and Zurich airports rose 8.4% and 3.6%, respectively yesterday as Geneva Airport (the first European airport to publish previous month’s traffic) reported a 4.8% decrease in passenger numbers and a 12.3% reduction in aircraft movements in May-2009. The numbers may have been better than feared.

Geneva Airport’s Apr-2009 passenger numbers and aircraft movements were boosted by Easter, showing +0.5% and -9.5% changes year-on-year, respectively.

Macquarie Airports’ shares paused for breath yesterday, easing 2.1%, while Hochtief’s shares slumped 5.3%.

Shares in Grupo Aeroportuario del Sureste (ASUR) fell 3%, as the company disclosed the swine flu outbreak had slashed its throughput by half in May-2009:

  • ASUR total passenger numbers: 741,920, -50.7% year-on-year;
    • Domestic: 427,773, -38.1%;
    • International: 314,147 -61.4%.

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Selected airports daily share price movements (% change): 03-Jun-09


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