OMA, MAp lead airport shares worldwide higher as airline capacity stablises

Shares in airports worldwide were generally higher yesterday as capacity cuts by airlines worldwide start to stablise, according to OAG. The positive performance was led by Mexico's airport operator, OMA, which surged 5.9%, and Australia's Macquarie Airports, which gained 3.8%, as the Sydney ASX 200 index also rose 3.5%. Lower oil prices and a growing perception of a bottoming out are helping provide some investor comfort.