Loading

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

Analysis

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

Summary
  • 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

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More