Airport stocks generally had a positive day yesterday, with Flughafen Wien (operator of Vienna Airport) leading the way with a 9.9% gain yesterday. Australian Infrastructure Fund and Macquarie Airports rose 5.3% and 4.4%, respectively, while Fraport (+4.0%) and TAV Airports (+1.6%) were also stronger.
The world’s airports are however expected to report “more sobering” traffic volumes in May-2009, according to ACI.
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Selected airports daily share price movements (% change): 02-Jun-09