Infratil gains on European airport sale speculation, Chinese airports down

New Zealand airports operator Infratil gained 3.3% in trading on Tuesday, as analysts speculated that the company could sell its shares in its Glasgow Prestwick and Kent airports. At the company's recent interim results presentation, presented on 17-Nov-2009, CEO, Marko Bogoievski, commented that the current financial markets demand "a more active approach to managing the portfolio and recent transactions are more reflective of corporate finance considerations than a shift in the underlying approach to investment."