Ferrovial surges, Aeroports de Paris and Fraport higher, Macquarie Airports drops
European airports’ shares rose yesterday as European stock markets bounced back. Ferrovial, parent of BAA, led the rise, closing up 5.2%. Fraport, Vienna Airport and Aeroports de Paris also recovered ground, rising 2.8%, 2.1% and 1.6%, respectively.
In Asia, airport shares were mixed as Asia Pacific stock markets lost ground yesterday. Macquarie Airports’ shares fell 1.3%, while Infratil fell 0.6%, ahead of today's release of May-2009 traffic at the group’s investment airports, which showed continuing declines.
Infratil’s traffic highlights in May-2009 included:
- Passenger numbers:
- Wellington Airport:
- Domestic: 363,309, -10.5% year-on-year;
- International: 45,469, -1.6%;
- Glasgow Prestwick: 162,495, -26.8% year-on-year;
- Lübeck: n/a, +28%;
- Wellington Airport:
- Cargo volume:
- Glasgow Prestwick: 1,347 tonnes, -50.2%.
Positive performers in Asia included Shenzhen Airport, Malaysia Airports and Auckland Airport, which rose 2.2%, 1.3% and 1.3%, respectively.
Selected airports daily share price movements (% change): 29-Jun-09
