Ferrovial up as BAA’s Gatwick sale progresses, Macquarie Airports jumps, Zurich Airport drops back
Spanish construction company, Ferrovial’s shares rose 1.9% to EUR32.50 yesterday following reports that BAA is close to finalising a deal with a consortium led by Global Infrastructure Partners for the sale of London Gatwick Airport, for between EUR1.65 billion and EUR1.8 billion.
Elsewhere in Europe, shares in Fraport, Aeroports de Paris and Zurich Airport fell 1.1%, 1.1% and 4.7%, respectively. Zurich Airport’s shares surged in the previous trading day in response to an announcement that it plans to reduce its shareholding in Bangalore International Airport Ltd from 17% to 5%.
Shares Mexican airport operator, Grupo Aeroportuario del Centro Norte (OMA), fell 0.8% yesterday after reporting another disappointing month of traffic, posting the largest decline of the three largest Mexican airport operators, including GAP and ASUR.
OMA reported the following traffic highlights in Sep-2009:
- Passenger numbers: 812,325, -16.8% year-on-year;
- Domestic: 709,363, -16.4%;
- International: 102,962, -19.4%;
- Aircraft movements: n/a, -10.9%.
Selected airports daily share price movements (% change): 07-Oct-2009