Aviation Analyst

Airport shares down worldwide; Vienna Airport, Macquarie Airports, Ferrovial go against the trend

CAPA > Aviation Analysis > Airport shares down worldwide; Vienna Airport, Macquarie Airports, Ferrovial go against the trend

25th September, 2009

Shares in airports and airport-related businesses worldwide were generally down yesterday, with airport duty free operator, Dufry falling 4.1% and Mexico’s airport operator, OMA, falling 4%.

New Zealand’s infrastructure investment company, Infratil, lost ground yesterday, after reporting another month of disappointing traffic results across its investment airports in New Zealand and Europe:

Passenger numbers:
- Wellington Airport 415,031, -3.2% year-on-year;
  - Domestic: 367,669, -3.7%:
  - International: 47,362, +1.5%.
- Glasgow Prestwick: 181,873, -29% year-on-year;
- Lübeck: 78,860, +28%;
Cargo volume:
- Glasgow Prestwick: 1,232 tonnes, -5%;
- Kent International: 3,136 tonnes, +190%.

Meanwhile positive performers on the stock market yesterday included Vienna Airport (+2.3%), Macquarie Airports (+1.4%) and BAA parent, Ferrovial (+1.0%).

Selected airports daily share price movements (% change): 24-Sep-2009