MAp lower as Brussels reports disappointing traffic, Chinese airport shares have mixed day
Australia’s MAp lost 1.4% in trading on Friday, as its Brussels Airport recorded a 5.8% year-on-year drop in passenger traffic and a 22.5% fall in cargo volume. The airports owner and operator had been boosted earlier in the week by improving traffic results at its Asia-Pacific airports, including the third consecutive monthly improvement at Sydney airport.
Chinese airports ended Friday with mixed results, despite continued strong domestic passenger growth. Chinese passenger traffic is up 19.8% year-on-year for the first ten months of the year.
Selected airports daily share price movements (% change): 20-Nov-09