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Shenzhen Airport traffic increases by 16.7%; Beijing Capital-Shanghai Hongqiao 5th busiest route

Analysis

China's Shenzhen Airport (+2.5%) shares were on the increase on Friday (06-Aug-2010) after announcing its Jul-2010 passenger numbers rose by 16.7%. Results include:

Summary
  • Shenzhen Airport's passenger numbers increased by 16.7% in July 2010.
  • Cargo volume at Shenzhen Airport rose by 31.4%.
  • Aircraft movements at Shenzhen Airport increased by 9.5%.
  • Beijing and Shanghai Airports experienced a rise in shares after OAG announced the capacity shares of airlines on the Beijing Capital-Shanghai Hongqiao route.
  • China Eastern Airlines has the highest capacity share on the Beijing Capital-Shanghai Hongqiao route in August 2010.
  • Several Asia Pacific airports saw an increase in their share prices, including Guangzhou Baiyun, Xiamen, Malaysia Airports, and MAp.
  • Passenger numbers: 2.4 million, +16.7% year-on-year;
  • Cargo volume: 68,200, +31.4%;
  • Aircraft movements: 18,800, +9.5%.

Meanwhile, shares for Beijing (+0.2%) and Shanghai Airports (+1.8%) were also on the rise after OAG announced the Beijing Capital-Shanghai Hongqiao, the world's fifth-busiest route by seats per week, is served by the following airlines, with current and future capacity shares indicated:

See related CAPA profile: Traffic and capacity

Asia Pacific shares which also rose on Friday include Guangzhou Baiyun (+1.5%), Xiamen (+0.9%), Malaysia Airports (+0.8%) and MAp (+0.7%). Meanwhile, Auckland (-0.5%) declined while Airports of Thailand remained stable.

Selected airports daily share price movements (% change): 06-Aug-2010

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