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 2.5 points to reach 109.6 points at the close of 9 Oct 2020. Compared to the start of the Index on 31 July 2020, the Index has increased by 9.6 points.
The majority (19) of airport operators saw positive growth in their market capitalization in the week ending on 9 Oct 2020 compared to the previous week.
The top performer for the week was Grupo Aeroportuario del Pacifico at the Mexican Stock Exchange, which saw its market capitalization grow by 7.6% over the past week.
Analyzing the growth in market capitalization from the start of the Airport Operator Stock Index on 31 July 2020 , Grupo Aeroportuario del Pacifico's stock at the Mexican Stock Exchange showed the highest growth in its market capitalization at 31.7%.
Highlights of the week ending on 9 Oct 2020:
Vietnam's State Appraisal Council has reduced the cost of the first phase of Long Thanh International Airport , which is being developed by Airports Corporation of Vietnam, by US$ 111 mil after assessing its feasibility study. It estimated the cost of the proposed airport in the southern Dong Nai Province at VND 109.1 tril (US$ 4.7 bil), or 2.2% lower than the Ministry of Transport’s price tag, due to lower construction and management costs.
Copenhagen Airports A/S ("CPH") and Netcompany A/S ("Netcompany") announce that they have entered into an agreement to establish a joint venture with the aim to develop and market a fully digital platform for airport management. The joint venture is subject to the approval of relevant competition authorities.
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