14-Jan-2009 11:43 AM
Airport shares struggle again - Mexico's OMA, GAP and ASUR sold-off. Fraport may sell Frankfurt-Hahn
Analysis
Airport shares around the world struggled again on 13-Jan-09, with Mexico's leading airport operators OMA (-6.2%), ASUR (-1.8%) and GAP (-1.6%) among those sold off. Fraport (-3.6%) was sold off amid reports the company may sell its 65% stake in Frankfurt-Hahn airport to the German state of Rhineland-Palatinate after failing to impose a fee increase. It is another win for Ryanair, the airport's biggest customer.
Hochtief meanwhile made up for the previous day's losses, rising 6.2% as it gained more facility management contracts in Germany. In the aviation sector, Hochtief, alongside Turkey's TAV, has been shortlisted to build Abu Dhabi Airport's big new terminal.
Selected airports daily share price movements (% change): 13-Jan-09
