27-Sep-2010 2:57 PM
Malaysia Airports reports strong increase in July traffic
Analysis
Malaysia Airports Holdings Berhad (MAHB) reported a 13.3% increase in passenger numbers to 3.03 million at Kuala Lumpur International Airport (KLIA) in Jul-2010, although the increase was solely due to rising demand for international air travel. Domestic passenger numbers at KLIA dropped 1.2% to 898,860, while international soared 20.7% to 2.13 million.
Summary
- Malaysia Airports Holdings Berhad (MAHB) reported a 13.3% increase in passenger numbers at Kuala Lumpur International Airport (KLIA) in July 2010.
- The increase in passenger numbers was driven by rising demand for international air travel, while domestic passenger numbers at KLIA dropped 1.2%.
- International passenger numbers at KLIA soared by 20.7% to 2.13 million.
- Total passenger numbers across MAHB group airports rose by 11.1% to 5.07 million.
- Airports of Thailand experienced a surge of 4.4% in their share price, while Australian Infrastructure Fund saw a decline of 2.1%.
- MAHB's shares slightly increased by 0.2% following the report.
Total passenger numbers across MAHB group airports rose 11.1% to 5.07 million. MAHB's shares edged up 0.2% on Friday.
Elsewhere, Airports of Thailand surged 4.4%, while Australian Infrastructure Fund fell 2.1%.
Selected airports daily share price movements (% change): 24-Sep-2010
Source: Centre for Asia Pacific Aviation & Yahoo! Finance