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Australian Infrastructure Fund dips on traffic report for airports


Shares in Australian Infrastructure Fund (AIX) dipped 0.8% on Friday, upon the release of the airport operator’s traffic report for its Australian member airports for the six months ended 31-Dec-2009. Shares were down 1.0% on Thursday ahead of the release and have fallen a 1.33% in trading today.

All of AIX’s airports reported positive traffic results in 1HFY2009/10:

Airports of Thailand (AoT) to improve this year

Airports of Thailand (AoT) also lost ground on Friday, falling 0.7%. AoT reportedly expects to post higher net earnings in FY2009/10, ending 30-Sep-2010, compared to FY2008/09. The airport operator plans to invest up to USD2.3 billion in 2010-2016 to expand Bangkok Suvarnabhumi Airport. For further details, see today's edition of Airport Business Daily.

Selected airports daily share price movements (% change): 22-Jan-2010

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