Loading

Airport shares close lower

Analysis

Shares in most airport operators closed lower in Thursday, with Vienna Airport and Shanghai International Airport Co both dropping 2.5% and Ferroviual and MAp Aiports 2% lower. Gemina shares fell 1.6%, after jumping 5% on Wednesday. Gemina has interests in Italy's Aeroporti di Roma Group.

Against the trend was Turkish airports operator TAV Holdings. Last week, the company reported a net profit of USD62 million, down 2% year-on-year. The company has lifted its outlook for 2011 predicting double-digit growth at its airports this year and confirmed that it is considering more acquisitions.

Selected ABD daily share price movements (% change): 10-Mar-2011

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More