Infratil drops on possible airport sale, Aeroports de Paris steady, Macquarie Airports higher

Shares in New Zealand's Infratil fell 1.7% yesterday as the infrastructure operator contemplates selling its majority stake in Germany's Lubeck Airport, according to the European Commission. When Infratil purchased the airport from the City of Lubeck in 2005, it was given an option requiring the city to buy back Infratil's stake if the airport handled less than 2.1 million passengers p/a. The underperforming airport handled just 540,000 passengers in 2008.