Aeroports de Paris' shares jump on Nov-2009 traffic report

European airport stocks enjoyed a solid day, as equity markets around the region traded higher. Gains were led by Aeroports de Paris (+3.0%), which revealed the following traffic highlights for Nov-2009:

Charles de Gaulle Airport’s passenger numbers are still falling – off last year’s lower base, suggesting a recovery is still some way off. The airport has also shelved charges increases

Paris-Charles de Gaulle Airport passenger number growth: Nov-2008 to Nov-2009

Other European airports reporting their November traffic yesterday included Dublin and Munich.

Dublin Airport reported passenger numbers fell 12% year-on-year to 1.3 million in Nov-2009, while Munich’s traffic was much less sombre:

  • Passenger numbers: 2.6 million, -0.2% year-on-year;
  • Aircraft movements: 32,114, -4.9%;
  • Cargo volume: 21,386 tonnes, +1.2%.

Fraport’s shares rose 1.3%, while Hochtief advanced 0.6%.

Selected airports daily share price movements (% change): 16-Dec-09