Australian Infrastructure Fund and Malaysia Airports Holding Berhad gain on traffic releases


Shares in Australian Infrastructure Fund (AIX), 49.1% stakeholder in Queensland Airports Ltd (QAL), rose 1.2% yesterday. QAL released its traffic report for Gold Coast, Townsville and Mount Isa airports for the 12 months ended 30-Jun-2010.

Gold Coast Airport reports 9.7% rise in pax for year ended Jun-2010

The three QAL airports handled 7 million passengers in total, up 9.7% year-on-year. Gold Coast Airport led the way - its passenger throughout surged 12%, while Townsville rose 4% and Mount Isa remained relatively flat with 1% growth.

QAL is 100% Australian owned, with Hastings Funds Management the responsible entity for AIX (49.1%) and trustee for The Infrastructure Fund (TIF) (33.7%), and Perron Investments holding the remaining shares.

AIX’s other airport interests include Airstralia Development Group (Perth Airport: 29.7%), HOCHTIEF AirPort Capital (HTAC) (Athens: 5.3%, Düsseldorf: 4.0%, Hamburg: 5.7% and Sydney: 2.6%), Australia Pacific Airports Corporation (APAC) (Melbourne and Launceston airports: 10.2%), Airport Development Group (NT Airports) (Darwin, Alice Springs and Tennant Creek airports: 28.2%).

See CAPA Airport Operators/Investments profile on Australia Infrastructure Fund

Kuala Lumpur reports 17.8% rise in May-2010 pax and cargo surge

In Southeast Asia, Malaysia Airports Holding Berhad (MAHB), operator of Kuala Lumpur International Airport, closed 0.2% higher yesterday. Passenger traffic at Kuala Lumpur surged 17.8% in May-2010 to 2.7 million passengers, as highlighted in MAHB’s traffic report released on 21-Jul-2010. International pax soared 24.7% year-on-year to 1.9 million, while domestic pax rose 4.7% to 849,442. The airport also reported cargo growth of 28.8% and an 8.4% increase in aircraft movements.

MAHB manages and operates 39 airports in Malaysia: five international, 16 domestic and 18 short take-off and landing ports.

See CAPA Airport Operators/Investments profile on Malaysia Airports Holding Berhad

Selected airports daily share price movements (% change): 21-Jul-2010

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