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Auckland Airport reports a strong month in the domestic market in Jan-2010

Analysis

Shares in Auckland Airport jumped 1.6% yesterday, upon the release of its traffic report for Jan-2010. Domestic passengers led the way up, increasing 11.8% year-on-year to 481,995, while international passengers rose 1.8% year-on-year to 733,296, despite a 2.8% reduction in aircraft movements to 12,809, suggesting higher load factors for airlines.

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