MAp reports growth at all three investment airports


MAp reported traffic was up across all three of its investment airports in Feb-2011, despite a number of one-off events. Growth at Sydney airport was marginal, thanks to the earlier timing of Chinese New Year and severe weather conditions.

  • MAp reported traffic growth across all three investment airports in February 2011, despite various one-off events.
  • Sydney Airport experienced marginal growth due to the earlier timing of Chinese New Year and severe weather conditions.
  • Copenhagen and Brussels airports were affected by political unrest in the Middle East.
  • MAp shares were down 2.4%, along with other Asia-Pacific airport stocks.
  • Passenger numbers at Sydney Airport in February 2011 were 2.8 million, with a slight increase of 0.5%.
  • Copenhagen Airport saw a 5.5% growth in passenger numbers, while Brussels Airport experienced a 1.3% increase.

Copenhagen and Brussels traffic was affected by the political unrest in the Middle East. Shares in MAp were down 2.4% in another rough day for most Asia-Pacific airport stocks. Australian Infrastructure Fund shares dropped 4.7%, while Xiamen, Beijing, Guangzhou and Shannghai airport stocks all closed lower. Indian airport companies GMR and GVK were also down.

MAp announced passenger traffic up across all three airports - traffic highlights in Feb-2011:

  • Sydney Airport:
    • Passenger numbers: 2.8 million, +0.5%;
      • Domestic: 1.9 million, -0.2%;
      • International: 902,000, +2.5%;
  • Copenhagen Airport:
    • Passenger numbers: 1.5 million, +5.5%;
      • Domestic: 132,000, +0.3%;
      • International: 1.0 million, +10.1%;
      • Transfer: 359,000, -4.2%;
  • Brussels Airport:
    • Passenger numbers: 1.1 million, +1.3%;
      • Intra-EU: 700,000, +2.8%;
      • Extra-EU: 393,000, -1.3%.

Selected ABD daily share price movements (% change): 17-Mar-2011

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