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%;
- Passenger numbers: 2.8 million, +0.5%;
- 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%;
- Passenger numbers: 1.5 million, +5.5%;
- Brussels Airport:
Selected ABD daily share price movements (% change): 17-Mar-2011