27-Sep-2010 2:57 PM
Malaysia Airports reports strong increase in July traffic
Analysis
Malaysia Airports Holdings Berhad (MAHB) reported a 13.3% increase in passenger numbers to 3.03 million at Kuala Lumpur International Airport (KLIA) in Jul-2010, although the increase was solely due to rising demand for international air travel. Domestic passenger numbers at KLIA dropped 1.2% to 898,860, while international soared 20.7% to 2.13 million.
Total passenger numbers across MAHB group airports rose 11.1% to 5.07 million. MAHB's shares edged up 0.2% on Friday.
Elsewhere, Airports of Thailand surged 4.4%, while Australian Infrastructure Fund fell 2.1%.
Selected airports daily share price movements (% change): 24-Sep-2010
Source: Centre for Asia Pacific Aviation & Yahoo! Finance