Ferrovial gains as London Heathrow edges its way to recovery: Airport Share Wrap
Shares in Spain’s Ferrovial, investor in the UK’s BAA, jumped 3.2% yesterday, upon the release of its airport traffic report for Mar-2010 and the three months ended 31-Mar-2010. London Heathrow is seeing signs of a recovery, with passenger numbers growth of 0.4% year-on-year for the month (despite the impact of British Airways' cabin crew strike) and 1.6% for the quarter. Cargo volume at the airport surged 29.6% in Mar-2010 and 21.8% in the three month period.
