17-Nov-2008 11:32 AM
Airline failure jitters drive airport shares
Analysis
Airport share price nervousness hit Mexico late last week, with the failure of domestic carrier, Alma de Mexico, contributing to pessimism about airport groups GAP, OMA and ASUR. Macquarie Airports (MAp) recently acquired a 5.6% strategic interest in ASUR. Alma accounted for 5% of domestic capacity and operated to nine OMA airports and seven GAP airports.
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