My Account Menu

CAPA Login

Register to trial CAPA Membership!

Shanghai Airport passengers soar 48%: Airport Share Wrap


Shares in China’s Shanghai Airport led the way up yesterday with a 4.3% gain. The operator released its Jun-2010 traffic report for Shanghai Pudong International Airport, boasting a 48.4% year-on-year increase in passenger numbers to 3.6 million.

Domestic, international and regional traffic all recovered more than 40% year-on-year, details include:

  • Domestic: 1.9 million, +42.0%;
  • International: 1.2 million, +54.1%;
  • Regional: 478,700, +61.1%.

Overall improvement in cargo volumes was also significant, with the airport handling 267,000 tonnes in Jun-2010, up 35.9% year-on-year. Regional volumes surged 54.7% higher, while international added 41.0%. A recovery in domestic cargo volumes lagged, dipping 1.9% during the month.

Increases in passenger and cargo traffic at Shanghai Pudong were off 20.7% year-on-year growth in aircraft movements.

Shares in other listed Chinese airport operators were positive yesterday, including Xiamen (+3.0%), Shenzhen (+2.4%), Guangzhou Baiyan (+2.1%), while Beijing remained flat.

Australian airport operators gain, privately-owned Avalon prepares for biggest growth phase in its history

On the ASX yesterday, the Australian operators gained with MAp and Australian Infrastructure Fund closing 2.1% and 1.5% higher, respectively. Meanwhile, Australia’s low cost commercial airport, Avalon, has announced a major upgrade as it prepares for the biggest growth phase in its history. See CAPA Q&A with Avalon Airport CEO, Justin Giddings, for more.

Selected airports daily share price movements (% change): 20-Jul-2010

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.