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Global airport shares mixed on Tuesday

Listed airport stocks were mixed yesterday, led lower by Shanghai International Airport (-3.8%) and higher by Auckland Airport (+2.5%).

The founder of Brazilian airline Azul, David Neeleman, has urged authorities in Brazil to move quickly, if the country’s airports are to be ready to host the 2014 World Cup. Speaking to Bloomberg, Mr Neeleman said the country could attract foreign capital to finance the modernisation of national airport infrastructure.

See related report: Brazilian airport privatisation attracts Mexican interest

Selected ABD daily share price movements (% change): 30-Mar-2011