Vienna Airport stable as Austrian continues to trim costs, Aeroports de Paris and Fraport ease
In the latest development, the struggling airline, which was recently taken over by Lufthansa Group, announced plans to reduce its workforce by a further 500 positions as it looks to improve its bottom line performance. The carrier is also currently in talks with Vienna Airport to negotiate lower prices for services at the airport.
Macquarie Airports' stock continues strong performance
Meanwhile, Beijing Airport’s shares gained 2.7%. On the same day, Air China confirmed plans to commence codesharing with Star Alliance member, ANA, on services between Beijing and Tokyo Haneda from 25-Oct-2009. Japan Airport Terminal, operator of facilities at Haneda Airport, shed 1.6% on Friday.
Selected airports daily share price movements (% change): 25-Sep-2009