04-Jun-2010 3:14 PM
Mexico’s ASUR drops despite soaring traffic
Analysis
Shares in Mexican airport operator Grupo Aeroportuario del Sureste (ASUR) fell 2.8% yesterday, despite it reporting an 86% increase in passenger numbers last month.
ASUR stated the increase reflects better year-over-year comparisons, as May-2009 figures were impacted by the H1N1 Influenza outbreak in Mexico". ASUR's highlights for May-2010 were as follows:
- Passenger numbers: 1.4 million, +85.8% year-on-year;
- Domestic: 610,468, +42.7%;
- International: 768,029, +144.5%.
Elsewhere, OMA eased 0.8%, while GAP's shares remain suspended over changes to its Board of Directors.
Selected airports daily share price movements (% change): 03-Jun-2010
Source: Centre for Asia Pacific Aviation & Yahoo! Finance