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Hainan Airport surge, Mexican airports on the rise, Aeroports de Paris bounces back, MAp down

9-Nov-2009

Airport shares continued to perform positively at the end of last week. Most notably, Hainan Meilan International Airport’s shares soared 10.7% on Friday (06-Nov-2009),although some other Chinese airports lost ground, including Shanghai (-1.2%) and Guangzhou (-0.5%).

Australian Infrastructure Fund’s shares increased 3.4% while MAp lost ground, easing 0.4%.

ASUR reports single-digit decline in domestic and international traffic, GAP traffic decline also eases

Mexican airport operators, ASUR, OMA and GAP all closed higher on Friday, rising 2.3%, 0.9% and 0.2%, respectively. GAP and ASUR reported Oct-2009 traffic results, showing the traffic decline is easing from the shock of Swine flu. ASUR reported single-digit traffic declines in both domestic and international markets:

Grupo Aeroportuario del Sureste (ASUR) traffic highlights in Oct-2009:

  • Passenger numbers: 1.0 million, -7.2% year-on-year;
    • Domestic: 522,856, -6.5%;
    • International: 484,785, -8.1%.

Grupo Aeroportuario del Pacifico (GAP) traffic highlights in Oct-2009:

  • Passenger numbers: 1.5 million, -5.0% year-on-year;
    • Domestic: 1.0 million, -4.3%;
    • International: 436,600, -6.7%.

In Europe, shares in Fraport and Aeroports de Paris bounced back, up 2.7% and 1.0% respectively, while Vienna Airport lost significant ground from its 6.8% climb on the previous trading day, sliding 2.4% in trading on Friday.

Selected airports daily share price movements (% change): 06-Nov-2009


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