Airport shares continued to perform positively at the end of last week. Most notably, Hainan Meilan International Airport’s shares soared 10.7% on Friday (06-Nov-2009),although some other Chinese airports lost ground, including Shanghai (-1.2%) and Guangzhou (-0.5%).
Australian Infrastructure Fund’s shares increased 3.4% while MAp lost ground, easing 0.4%.
ASUR reports single-digit decline in domestic and international traffic, GAP traffic decline also eases
Mexican airport operators, ASUR, OMA and GAP all closed higher on Friday, rising 2.3%, 0.9% and 0.2%, respectively. GAP and ASUR reported Oct-2009 traffic results, showing the traffic decline is easing from the shock of Swine flu. ASUR reported single-digit traffic declines in both domestic and international markets:
Grupo Aeroportuario del Sureste (ASUR) traffic highlights in Oct-2009:
- Passenger numbers: 1.0 million, -7.2% year-on-year;
- Domestic: 522,856, -6.5%;
- International: 484,785, -8.1%.
Grupo Aeroportuario del Pacifico (GAP) traffic highlights in Oct-2009:
- Passenger numbers: 1.5 million, -5.0% year-on-year;
- Domestic: 1.0 million, -4.3%;
- International: 436,600, -6.7%.
In Europe, shares in Fraport and Aeroports de Paris bounced back, up 2.7% and 1.0% respectively, while Vienna Airport lost significant ground from its 6.8% climb on the previous trading day, sliding 2.4% in trading on Friday.
Selected airports daily share price movements (% change): 06-Nov-2009