© CAPA
Buoyed by recovering markets in Europe, airport shares in Europe jumped back up on Friday. Aeroports de Paris gained 2.4%, followed by Vienna (+2.1%), Ferrovial (+1.7%), Fraport (+1.3%) and Abertis (+0.5%). However, Zurich dropped 1.4%.
Chinese airport shares dropped sharply, with concerns over Dubai World's debt moratorium and potential changes to Chinese fiscal policy affecting local markets. Beijing airport shares dropped 7.7%, while Shenzhen lost 3.9% and Hainan Meilan ended its long upward run, dropping 3.8%.
Selected airports daily share price movements (% change): 27-Nov-09
Source: Centre for Asia Pacific Aviation & Yahoo! Finance