Airport shares struggle again - Mexico's OMA, GAP and ASUR sold-off. Fraport may sell Frankfurt-Hahn


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

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More