GMR Infrastructure shares surge, Mexican traffic sluggish in Jan-2011
The company’s airport segment reported revenue growth of 18.9% to USD38.2 million. Passenger numbers at Hyderabad Airport rose 17.5% in the three-month period, while Delhi Airport traffic increased 12.5% for the nine months ended 31-Dec-2010. Cargo volume at Delhi rose 23%.
Mexico’s ASUR reported Jan-2011 passenger traffic was stable, with domestic traffic down 2.3%, but international traffic increasing 1.2%. Fellow Mexican airport operator GAP reported traffic fell 1.9% in the first month of 2010. Domestic traffic eased 0.4% but international traffic was down by 4%.
Selected airport daily share price movements (% change): 10-Feb-2011