My Account Menu

CAPA Login


Register to trial CAPA Membership!

Philippines reviews antitrust case against PIATCo and Fraport

21-Apr-2011

Philippines Department of Justice announced a review of antitrust cases filed against Philippine International Air Terminals (PIATCo) and Fraport for the construction of Terminal 3 at Ninoy Aquino International Airport and violations of unfair competition and monopoly regulations. Fraport shares were 4% higher on Wednesday.

The private complainant decided to withdraw from the antitrust case he filed against the companies.

Airports of Thailand reported that traffic movements reportedly increased by double-digit levels between 01-Apr-2011 and 17-Apr-2011. AoT shares were up 3.4% on Tuesday.

Airport shares were stronger yesterday, mirroring generally stronger markets. Other movers included OMA and Aeroporto di Venezia.

Selected airport and airport operator share price movements (% change): 20-Apr-2011


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.