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 down by 4.6 points to reach 106.1 points at the close of 25 Sept 2020. Compared to the start of the Index on 31 July 2020, the Index has increased by 6.1 points.
The majority (17) of airport operators saw negative growth in their market capitalization in the week ending on 25 Sept 2020 compared to the previous week.
The top performer for the week was Grupo Aeroportuario de Pacifico, which saw its market capitalization at the New York Stock Exchange and the Mexican Stock Exchange grow by 2.5% and 2.4% respectively over the past 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 26.6%.
Highlights of the week ending on 25 Sept 2020:
Aena reached an agreement with the Colombian authorities to extend the concessions of the two airports it manages in the Colombia, specifically, those of Cali and Cartagena de Indias, according to the newspaper Expansión.
China on Monday released plans to build pilot free trade zones in the country's capital Beijing, central China's Hunan Province and east China's Anhui Province. It will build a world-class aviation hub by promoting the joint development of Beijing Capital International Airport and Beijing Daxing International Airport.
The cargo division of Fraport is set to be merged into a newly created division as part of the its restructuring programme, Relaunch 50. The move will see the Central Freight Infrastructure and Air Cargo Development (ZFL) division become part of a new division, Freight and Passenger Development (FTU-C), from January 1 next year.
The Greek government announced state support for Fraport Greece ,which operates Greece’s 14 biggest regional airports, as compensation for the spring lockdown, which will offset some of the year's airport operating fees.
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