VINCI Airports named concessionaire of Toulon Hyères Airport
1 April 2015 - 5:50 pm - Acquisitions - France
- A 25-year concession
- 550,000 passengers per year
The French government (Direction Générale de l’Aviation Civile and Ministère de la Défense - Marine Nationale - French civil aviation authority and Ministry of Defense – Navy) has named VINCI Airports concessionaire of Toulon Hyères Airport.
Located in the Var department between Marseille and Nice, Toulon Hyères International Airport processed about 550,000 passengers in 2014. It serves the Greater Toulon area (population 400,000), the Gulf of Saint-Tropez and the main seaside resorts of France's leading tourist area, which welcomes 9 million visitors annually.
The 25-year concession contract entered into force on 1 April 2015. It covers management and development of the civil aviation part of the airport (terminal, public area, aprons, passenger services such as free unlimited Wi-Fi) and works and maintenance of the common runway infrastructure, which remains under the command of the French Navy base. Initial infrastructure renovation and reinforcement works, with a value of about €19 million, will be carried out by a number of Group companies operating in the region (Eurovia Méditerranée, TP Spada, VINCI Energies).
VINCI Airports will take on all personnel currently employed by the airport.
Following the 2013 acquisition of ANA, the concession company operating the 10 Portuguese airports, this new concession brings the number of airports managed by VINCI Airports to 24 (11 in France, 10 in Portugal and 3 in Cambodia) and is in line with the company’s strategy to expand in France and abroad.
VINCI is a global player in concessions and contracting, employing close to 211,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI’s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large.