TRAFFIC AND ECONOMIC DATA
The recovery in traffic starting in the second half of 2021 continued and gathered pace in 2022 in almost all the airports in the VINCI Airports network, to varying degrees depending on the country. In Europe, traffic was close to pre-crisis levels – by the end of the year, passenger numbers in the airports in Portugal and Serbia were higher than in 2019. The upswing was confirmed in the Americas, with the Central America and Caribbean airports welcoming a record number of passengers. It was weaker in Asia due to the virtual shutdown of international traffic with China. More generally, the larger share of domestic and intra-continental flights and VFR (visiting friends and relatives) travel in its overall “traffic mix” worked to VINCI Airports’ advantage, since they recovered more rapidly than inter-continental and business flights.
With almost 210 million passengers welcomed over the entire network in 2022, including OMA airports (Mexico), traffic more than doubled in one year. Leaving aside the Asian airports, it rose to 85% of 2019 levels.
In 2022, VINCI Airports continued with the cost and investment optimisation plans launched across the network at the beginning of the health crisis, with solutions adapted to local contexts.
Against this backdrop, revenue increased by 2.3 times to €2.7 billion over the full year and Ebitda by 4.1 times to €1.6 billion, exceeding the levels achieved in 2019. Ebitda margin stood at 59%, compared with 56% in 2019, allowing VINCI Airports to return to profit with net income of €507 million.
1 By end-2022, passenger numbers at airports in Portugal were higher than in 2019.
2 In the United Kingdom, resurfacing works
were carried out on the main runway at London Gatwick airport without interrupting operation, while reducing the amount of asphalt used.
3 In Brazil, Salvador Bahia now operates alongside the seven Amazonian airports integrated into the VINCI Airports network in 2022.