12-Jun-2009 12:50 PM
Swine flu pandemic declared. Mexican airport shares surge, Chinese airports take a dive – Share Wrap
Analysis
It's official, the world is suffering from its worst economic downturn in 70 years and its first global flu pandemic in 40 years. The World Health Organisation (WHO) last night raised the influenza A(H1N1) infection pandemic alert level from Phase 5 to maximum Phase 6. Shares in airport operators GAP and OMA at swine flu central, Mexico, rose 7.4% and 9.8% respectively yesterday, whereas airports devastated by the SARS outbreak in North Asia all fell back.
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