Australian Infrastructure Fund dips on traffic report for airports
Shares in Australian Infrastructure Fund (AIX) dipped 0.8% on Friday, upon the release of the airport operator's traffic report for its Australian member airports for the six months ended 31-Dec-2009. Shares were down 1.0% on Thursday ahead of the release and have fallen a 1.33% in trading today.
All of AIX's airports reported positive traffic results in 1HFY2009/10:
- Perth Airport: 5.3 million, +6.6% year-on-year;
- Domestic: 3.8 million, +4.1%;
- International: 1.5 million, +13.2%;
- Australia Pacific Airports Corporation: 13.7 million, +3.7%;
- Melbourne Airport (not include International transits):
- Domestic: 10.3 million, +1.7%;
- International: 2.8 million, +12%;
- Launceston Airport:
- Domestic: 553,000, +2.0%;
- Melbourne Airport (not include International transits):
- Queensland Airports: 3.5 million, +8.9%;
- Gold Coast Airport:
- Domestic: 2.2 million, +4.8%;
- International: 377,000, +79%;
- Townsville & Mount Isa:
- Domestic: 921,000, +1.8%;
- Gold Coast Airport:
- Northern Territory Airports: 1.3 million, +5.8%;
- Domestic: 1.2 million, +4.1%;
- International: 150,000, +21.4%;
- Sydney Airport: 14.7 million, +4.1%
- Domestic: 11.8 million, +3.5%;
- International: 5.6 million, +6.3%.
Airports of Thailand (AoT) to improve this year
Airports of Thailand (AoT) also lost ground on Friday, falling 0.7%. AoT reportedly expects to post higher net earnings in FY2009/10, ending 30-Sep-2010, compared to FY2008/09. The airport operator plans to invest up to USD2.3 billion in 2010-2016 to expand Bangkok Suvarnabhumi Airport. For further details, see today's edition of Airport Business Daily.
Selected airports daily share price movements (% change): 22-Jan-2010
