Fraport shares decline – Frankfurt Airport reports mixed traffic results
While passenger numbers and cargo volumes rose in Dec-2009, passenger traffic at the airport declined 4.7% year-on-year for the 12 months ended 31-Dec-2009. Cargo volume at Frankfurt reduced 10.6% year-on-year in 2009.
Fraport traffic highlights include:
Barclays raised Fraport from 'equal-weight' to 'overweight' on Friday. Fraport’s traffic report is just one of the many featured in today’s edition of Airport Business Daily. The latest traffic headlines in Airport Business Daily include:
- Madrid-Barajas Airport reports 5% rise in Dec-2009 pax numbers;
- Düsseldorf International Airport reports 2% fall in 2009 pax numbers;
- Hong Kong Airport reports 5% fall in 2009 pax numbers;
- Aeroporti di Roma expects Fiumicino Airport pax to reach 100 million by 2044.
AdP – increased price target
Also in Europe, shares in Aeroports de Paris dipped 1.4% after Barclays raised its price target from EUR52 to EUR56. Barclays also raised Abertis from 'equal-weight' to 'overweight'. Its shares were down 1.9% on Friday.
Selected airports daily share price movements (% change): 15-Jan-2010