Barring exceptional events, traffic on the French motorway network should continue to prove resilient in 2024 and even increase slightly compared to 2023. Long-term growth trends show that roads are and will remain predominant in France’s transport system. They account for more than 85% of travel, and no projection scenario predicts that this figure can be brought below 80%. Traffic on road infrastructure outside France is also expected to continue growing, boosted by integration of the Brazilian highways in 2023 and extension of the network operated in Germany and the Czech Republic starting in 2024.
Despite differences between airports and geographical locations, traffic in the VINCI Airports network is expected to remain brisk and should slightly exceed 2019 levels overall. As shown by the rebound in activity in the majority of airports after the pandemic, structural mobility needs, particularly for VFR (visiting friends and relatives) and tourist travel, are expected to continue to drive growth in traffic in the medium and long term.
Building on and stepping up the pace of the initiatives already introduced, the Concessions business lines will work towards reducing the direct environmental impact of their activities and help all their stakeholders meet their shared goal of decarbonising mobility. The investment required over the coming years and decades to transform motorways and airports into low-carbon and climate-resilient infrastructure makes the concession contract model appear even more appropriate. This type of agreement provides a way of raising necessary capital without straining public debt. These changes also confirm the validity of the Group’s long-term strategy and positioning as a player at the centre of sustainable mobility challenges.
