Contributing to the development of communities
VINCI Airports draws on its expertise as a full-service provider todevelop, finance, build and operate airports. It offers its investment capacity, international network and know-how to optimise the performance of existing airports, carry out extension projects and build completely new airport infrastructure. The VINCI Airports network, comprised of 45 airports in 12 countries, served 195 million passengers in 2018.
2018 Key figures
195 million passengers
VINCI Airports’ competitive position
VINCI Airports is the leading private operator and one of the top four international players in the airport sector with 45 airports operated worldwide. The main listed companies in the sector are Aena, Groupe ADP and Fraport.
In Europe, VINCI Airports operates 10 airports in Portugal (55.3 million passengers) and 12 airports in France (19.9 million passengers), including Lyon-Saint Exupéry (11 million passengers).
VINCI Airports has also been operating Belfast International Airport in the United Kingdom (6.3 million passengers) and Stockholm Skavsta Airport in Sweden (2.2 million passengers) since August 2018, and Nikola Tesla Airport in Belgrade, Serbia (5.6 million passengers) since December 2018.
On 27 December 2018, VINCI Airports signed an agreement to purchase a 50.01% stake from the current shareholders of London Gatwick, a freehold property airport. The deal should be finalised during the first half of 2019.
In Asia, VINCI Airports operates the three airports in Cambodia (10.6 million passengers) and holds the concession, as part of a consortium with Japanese partners, for the three airports in the Kansai region of Japan (48.3 million passengers).
In Latin America, VINCI Airports holds concessions for Deputado Luís Eduardo Magalhães Airport in Salvador, Brazil (8 million passengers), Daniel Oduber Quirós International Airport in Liberia, Costa Rica (1.1 million passengers) and six airports in the Dominican Republic (5 million passengers).
In Chile, VINCI Airports, in a consortium with Groupe ADP and Astaldi, operates Santiago Arturo Merino Benítez Airport (23.3 million passengers).
In the United States, VINCI Airports has been operating five airports under concession or management contracts since August 2018 (9.5 million passengers).
Concessions business revenue is expected to continue to rise in 2019.
This growth will mainly be driven by the brisk expansion of VINCI Airports. The acquisition of a majority stake in the concession company operating London Gatwick Airport – due to be finalised in the first half of 2019 – will deliver full-year revenue of approximately €800 million. This will add to the organic growth fuelled by the steady increase in traffic at the airports already in the portfolio.
For road infrastructure, VINCI Autoroutes, in France, should see traffic volume recover across its network after the one-off events at the end of 2018. VINCI Highways will continue to develop its concession projects and operation business in Europe and in the Americas. The Group’s Concessions business lines will also apply their expertise to numerous programme management projects: in France with projects under the motorway stimulus plan and motorway investment plan; in Portugal with engineering studies kicked off to extend the Lisbon airport and open a new civil airport in Montijo; in other European countries and further afield with upgrade and extension programmes scheduled for airports in Serbia, Chile and Brazil, and motorways in Germany, Russia, Canada and Colombia.
VINCI will be moving forward with its proactive development strategy, emphasising the airport and motorway segments, combined with the acquisition of new and existing concessions. The synergy between VINCI Concessions business lines (VINCI Airports, VINCI Highways, VINCI Railways), VINCI Autoroutes and the Group’s Contracting business lines will make the move into new markets smoother. Reflecting the operations that have marked our recent past, these new developments will bring a fresh dynamic to VINCI’s concession portfolio while continuing to expand its international coverage and extending its average maturity.
This is how the Concessions business lines will be able to create value, by building on their innovation strategy to maximise operational performance and develop new services for infrastructure users, while taking advantage of digital resources. For the longer term, the forward-looking approach unifying all the Group’s business lines and their partners will give rise to new economic models that will support the transformation of infrastructure and mobility practices.