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MAp reports growth at all three investment airports

MAp reported traffic was up across all three of its investment airports in Feb-2011, despite a number of one-off events. Growth at Sydney airport was marginal, thanks to the earlier timing of Chinese New Year and severe weather conditions.

Copenhagen and Brussels traffic was affected by the political unrest in the Middle East. Shares in MAp were down 2.4% in another rough day for most Asia-Pacific airport stocks. Australian Infrastructure Fund shares dropped 4.7%, while Xiamen, Beijing, Guangzhou and Shannghai airport stocks all closed lower. Indian airport companies GMR and GVK were also down.

MAp announced passenger traffic up across all three airports – traffic highlights in Feb-2011:

  • Sydney Airport:
    • Passenger numbers: 2.8 million, +0.5%;
      • Domestic: 1.9 million, -0.2%;
      • International: 902,000, +2.5%;
  • Copenhagen Airport:
    • Passenger numbers: 1.5 million, +5.5%;
      • Domestic: 132,000, +0.3%;
      • International: 1.0 million, +10.1%;
      • Transfer: 359,000, -4.2%;
  • Brussels Airport:
    • Passenger numbers: 1.1 million, +1.3%;
      • Intra-EU: 700,000, +2.8%;
      • Extra-EU: 393,000, -1.3%.

Selected ABD daily share price movements (% change): 17-Mar-2011