Bangkok Airports records 15.9% increase in Mar-2010 traffic: Airport Share Wrap

Shares in Airports of Thailand (AoT) gained 2.8% on Friday, upon the release of the operator’s traffic report for Mar-2010. Passenger traffic at Bangkok Airport rose 15.9% year-on-year to 4.0 million. Overall, passenger numbers at AoT’s six airports jumped 13.7% year-on-year to 5.4 million, as international traffic increased 14.5% to 3.4 million and domestic traffic increased 12.5% year-on-year to 2.0 million.

Details include:

During the month, cargo volumes improved 36.9% year-on-year to 122,879 tonnes, while aircraft movements were up 11.7% to 34,336.

Apr-2010 results are likely to be affected by ongoing protest demonstrations challenging the Thai Government's state of emergency. Thai Airways stated last week that average forward bookings for Apr-2010 were about 10 ppts totalled lower than the same period last year, with weaker bookings from Australia, China, Hong Kong, India, Japan, Singapore and South Korea.

European airport operators led the way up on Friday, as Aéroports de Paris and Vienna surged 5.2% and 4.8%, respectively. 

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Selected airports daily share price movements (% change): 09-Apr-2010