Created by Airport Insights, the Airport Operator Stock Index is a customized market capitalization-weighted stock market index that tracks the performance of 26 airport operators listed in stock exchanges all over the world.
It tracks the total market capitalization of this group of airport operators on a weekly basis, with the 31 July 2020 being the base date and containing a value of 100 derived from the weighted average market capitalization as of the base date.
Over the past week, the Index moved up by 1.1 points to reach 110.7 points at the close of 18 Sept 2020. Compared to the start of the Index on 31 July 2020, the Index has increased by 10.7 points.
A larger number of airport operators saw positive growth in their market capitalizations in the week ending on 18 Sept 2020 compared to the previous week.
The top performer for the week was Hainan Meilan International Airport Company which saw its market capitalization increase by 6.5% over the week, followed by Shenzhen Airport Co. Ltd which had a 6.3% increase in market capitalization over the week.
Analyzing the growth in market capitalization from the start of the Airport Operator Stock Index on 31 July 2020 , Japan Airport Terminal Company's stock showed the highest growth in its market capitalization at 29.0%.
Highlights of the week ending on 18 Sept 2020:
China will lift restrictions on the maximum limit of weekly flights subject to approval, allowing airlines greater flexibility in arranging passenger flights involving airports of Beijing, Shanghai, Guangzhou, among other busy airports, the Civil Aviation Administration of China told a press conference.
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