20-May-2011 2:32 PM
Shanghai Pudong Airport reports marked slowdown in international traffic
Analysis
Shanghai Airport's shares gained 1.5% yesterday, although the airport is experiencing a marked slowdown in international traffic gains that were averaging 20%-plus until Jan-2011. Overall passenger numbers gained 6.9% last month.
Summary
- Shanghai Airport's shares gained 1.5% despite a slowdown in international traffic growth.
- Overall passenger numbers at Shanghai Pudong Airport increased by 6.9% in the last month.
- Domestic passenger numbers at Pudong Airport grew by 11.5% year-on-year.
- International passenger numbers at Pudong Airport increased by 2.3%.
- Cargo volume at Pudong Airport decreased by 2.7%.
- Melbourne Airport experienced stronger traffic, leading to a 2.7% increase in shares of Australian Infrastructure Fund.
Shanghai Pudong Airport monthly passenger numbers: 2009 to 2011
Source: Centre for Asia Pacific Aviation and airport reports
Pudong Airport's traffic highlights in Apr-2011 were as follows:
- Passenger numbers: 3,431,200, +6.9% year-on-year;
- Domestic: 1,834,100, +11.5%;
- International: 1,170,600, +2.3%;
- Regional: 426,500, +1.5%;
- Cargo volume: 278,600 tonnes, -2.7%;
- Domestic: 31,400 tonnes, -4.0%;
- International: 212,000 tonnes, +0.2%;
- Regional: 35,200 tonnes, -16.2%;
- Aircraft movements: 28,735, +6.4%;
- Domestic: 14,999, +5.9%;
- International: 10,358, +8.6%;
- Regional: 3,050, +6.2%.
Meanwhile, shares in Australian Infrastructure Fund gained 2.7% on stronger traffic at Melbourne Airport.
Selected ABD daily share price movements (% change): 20-May-2011
