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TAV Airports losses 5.6%: Airport Share Wrap


Shares in Turkish airport operator, TAV Airports, lost 5.6% yesterday leading the downward trend of airport and suppliers stocks.

Turkey’s General Directorate of State Airports Authority (DHMI) released its traffic report for Turkish airports yesterday. In the four months ended Apr-2010, passenger numbers rose 19.9% to 21.5 million, led by a 22.1% improvement in domestic traffic, while international traffic was up 16.9% year-on-year.

Also in Europe, shares in Zurich Airport were flat, Vienna dipped 1.0%, Aeroporto di Venezia reduced 2.6%, Ferrovial lost 3.6% and Copenhagen closed 3.8% lower.

Select Chinese airport operators gained yesterday, Guangzhou Baiyan advanced 2.2%, while Xiamen and Shenzhen both closed up 1.1%.

The full traffic report from Turkey’s General Directorate of State Airports Authority is featured in Airport Business Daily, your strategic airport news updates service delivered to your inbox. Other traffic/financial reports featured in today’s edition include:

Selected airports daily share price movements (% change): 05-May-2010

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