Macquarie Airports – time to ‘come home’?
The Australia-based Macquarie Airports (MAp) released its financial report for the three and six month periods ending 30-Jun-09. Once again, Sydney continues to outperform the other airports in the stable, which are spread across four continents. With the UK's Bristol Airport seemingly available for sale if and when economic conditions improve, indeterminate prospects for the European mainland airports, a strategic withdrawal from Japan and Mexican airport prospects at the mercy of pestilence and destructive weather elements on a Biblical scale, is it now time for MAp to retrench to its Australian base?
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