Zurich Airport investors like what they see at Geneva, Fraport eases – Share Wrap

Zurich Airport's shares lifted 8% yesterday as smaller rival Geneva Airport (one of the earliest in Europe to disclose its monthly traffic) reported just a 0.5% reduction in passenger numbers in Apr-2009, to 983,761, following a steep 15.4% reduction in Mar-2009. However, the reduction in aircraft movements at Geneva widened to -9.5% (from -7.3% in Mar-2009), signalling airlines are striving to improve their load factors to regain pricing traction.