Loading

Australian Infrastructure Fund dips on traffic report for airports

Analysis

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

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