Macquarie Airports' shares dive, Fraport, Ferrovial, Zurich Airport and Aeroports de Paris rise

Macquarie Airports' (MAp) shares took a dive yesterday, as investors digested the completion of the Sydney Airport "deleveraging exercise". MAp's contribution to help pay down the airport's heavy debt load stood at AUD711 million, increasing its stake in Sydney Airport by 2 ppts to 74.0%. Australian Infrastructure Fund's shares fell -2.9% for the second onsecutive day, as Qantas and Virgin Blue prepare to cut their capacity by around 5% next financial year. The Sydney ASX200 index gained +0.3%.