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Copenhagen Airports' shares crash - one quarter of its value wiped off

Analysis

Copenhagen Airports' (CPH) share price slumped 24.8% on 13-Nov-08 as the airport revealed a 3.9% drop in passenger numbers in Oct-08 to 1.9 million, including a 4.1% fall in international traffic. It has been a difficult few weeks for CPH following the collapse of LCC, Sterling Airlines, which accounted for approximately 10% of the airport's traffic.

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