TAV Holdings' passenger traffic up strongly; Istanbul Ataturk Airport performing well


Turkey's TAV Holdings yesterday announced a 7% increase in passenger traffic in Mar-2011 and its shares rose 0.8%.

  • TAV Holdings reports a 7% increase in passenger traffic in March 2011.
  • Istanbul Ataturk Airport sees a 7% increase in passenger numbers, reaching 2.7 million.
  • Domestic passenger traffic in Turkey grows by 4% in March 2011.
  • International passenger traffic in Turkey increases by 8% in March 2011.
  • Istanbul Sabiha Gokcen Airport experiences a significant growth of 29% in passenger numbers in 1Q2011.
  • Domestic passenger traffic at Istanbul Sabiha Gokcen Airport rises by 25%, while international traffic increases by 39%.

Highlights include:

  • Passenger numbers: 3.7 million, +7%;

Meanwhile, Istanbul Sabiha Gokcen Airport reported strong passenger traffic in 1Q2011

  • Passenger numbers: 2.8 million, +29%;
    • Domestic: 2.0 million, +25%;
    • International: 885,903, +39%.

Selected ABD daily share price movements (% change): 7-Apr-2011

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