Spanish construction company, Ferrovial’s shares rose 1.9% to EUR32.50 yesterday following reports that BAA is close to finalising a deal with a consortium led by Global Infrastructure Partners for the sale of London Gatwick Airport, for between EUR1.65 billion and EUR1.8 billion.
BAA owner, Ferrovial hopes to finalise the deal before a UK competition hearing on 19-Oct-2009, which will look at BAA’s airport ownership.
Elsewhere in Europe, shares in Fraport, Aeroports de Paris and Zurich Airport fell 1.1%, 1.1% and 4.7%, respectively. Zurich Airport’s shares surged in the previous trading day in response to an announcement that it plans to reduce its shareholding in Bangalore International Airport Ltd from 17% to 5%.
In the Asia Pacific region, Macquarie Airports’ shares were a standout, jumping 5.9%, while Australian Infrastructure Fund gained 0.6%.
OMA traffic decline ahead of GAP and ASUR
Shares Mexican airport operator, Grupo Aeroportuario del Centro Norte (OMA), fell 0.8% yesterday after reporting another disappointing month of traffic, posting the largest decline of the three largest Mexican airport operators, including GAP and ASUR.
OMA reported the following traffic highlights in Sep-2009:
- Passenger numbers: 812,325, -16.8% year-on-year;
- Domestic: 709,363, -16.4%;
- International: 102,962, -19.4%;
- Aircraft movements: n/a, -10.9%.
Selected airports daily share price movements (% change): 07-Oct-2009
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.