Fraport traffic sinks; so do shares - airport share wrap

Fraport shares slumped 5.8% yesterday, as the Group's preliminary passenger numbers for Jan-08 fell 6.5%, including a 10.4% reduction in passenger numbers at Frankfurt.

Cargo was even worse, falling 22.7% across the Group's airports, including a 23.5% slump at Frankfurt, reflecting the increasingly worrying trends from other airports around the world as global trade stalls.

Selected airports daily share price movements (% change): 11-Feb-09