My Account Menu

CAPA Login

Register to trial CAPA Membership!

Hainan Airport surge, Mexican airports on the rise, Aeroports de Paris bounces back, MAp down


Airport shares continued to perform positively at the end of last week. Most notably, Hainan Meilan International Airport’s shares soared 10.7% on Friday (06-Nov-2009),although some other Chinese airports lost ground, including Shanghai (-1.2%) and Guangzhou (-0.5%).

Australian Infrastructure Fund’s shares increased 3.4% while MAp lost ground, easing 0.4%.

ASUR reports single-digit decline in domestic and international traffic, GAP traffic decline also eases

Mexican airport operators, ASUR, OMA and GAP all closed higher on Friday, rising 2.3%, 0.9% and 0.2%, respectively. GAP and ASUR reported Oct-2009 traffic results, showing the traffic decline is easing from the shock of Swine flu. ASUR reported single-digit traffic declines in both domestic and international markets:

Grupo Aeroportuario del Sureste (ASUR) traffic highlights in Oct-2009:

  • Passenger numbers: 1.0 million, -7.2% year-on-year;
    • Domestic: 522,856, -6.5%;
    • International: 484,785, -8.1%.

Grupo Aeroportuario del Pacifico (GAP) traffic highlights in Oct-2009:

  • Passenger numbers: 1.5 million, -5.0% year-on-year;
    • Domestic: 1.0 million, -4.3%;
    • International: 436,600, -6.7%.

In Europe, shares in Fraport and Aeroports de Paris bounced back, up 2.7% and 1.0% respectively, while Vienna Airport lost significant ground from its 6.8% climb on the previous trading day, sliding 2.4% in trading on Friday.

Selected airports daily share price movements (% change): 06-Nov-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.