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Home > Media > Press releases > VINCI Airports – Q4 and FY 2021 traffic (17/01/2022)

VINCI Airports – Q4 and FY 2021 traffic

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17 January 2022 - 5:45 pm - Traffic - France

● Continued recovery in passenger traffic in the fourth quarter (up by a factor of 2.3 compared to 2020, down 46% compared to 2019)
● Full-year traffic up 12% year compared to 2020, down 66% compared to 2019
● Passenger numbers continue to grow despite the resurgence of the pandemic in December
● Announcement of capacity strengthening and new routes in several network airports should encourage growth in traffic in the next few months

VINCI network airports welcomed almost 32 million passengers in the fourth quarter of 2021, down 46% compared to the same period in 2019 but more than double the figures in the fourth quarter of 2020. Over full-year 2021, some 86 million passengers were welcomed, 66% down on 2019 but up 12% compared to 2020.

After very encouraging results in October and November (down 48% and 44% respectively), the end of the year was marked by a resurgence of the pandemic in some countries due to emergence of the Omicron variant. However, unlike the situation at end 2020, governments did not impose such strong travel limitation measures, preferring to rely on screening and high vaccination rates in most countries. The recovery of passenger traffic therefore continued in the fourth quarter of 2021 in most of the network’s airports. A more detailed analysis shows that in the Dominican Republic and Costa Rica, traffic continues to remain close to the levels recorded in 2019, while in Portugal, the United Kingdom, Serbia and Chile, the number of passengers served was from two to four times higher than in the fourth quarter of 2020. In addition, Cambodia and Chile reopened to international travellers this last quarter, after months of closed borders. Illustrating this positive trend, the average load factor of aircraft operating on the VINCI Airports network rose to over 70% in October and November for the first time since the start of the crisis.

In the paragraphs below, unless otherwise indicated, variations refer to traffic levels in 2021 compared to the same period in 2019.

• In Portugal, airport traffic returned in the fourth quarter of 2021 to a level equivalent to 73% of traffic in the same quarter of 2019 (up by a factor of 3.2 compared to the fourth quarter of 2020), with an increase of almost 19 points compared to the preceding quarter. Passenger numbers on links with the major European capitals rose particularly sharply in October and November during the autumn holidays (-18% for Orly, -11% for Amsterdam, -12% for Geneva, +2% for London Heathrow). However, the pace of the recovery showed some signs of slowing at the end of the year due to the fifth wave of the pandemic.

• In the United Kingdom, passenger traffic at London Gatwick continued to recover. The autumn holiday period and relaxation of the rules for entering the UK in October and November had a particularly positive impact on international flights: Dublin (from -68% in Q3 to -41% in Q4), Tenerife (from -79% to -52%), Lanzarote (from -75% to -26%), Malaga (from -83% to -66%). The easing of UK entry criteria starting early January should boost this trend, likewise the additional capacities announced for the next few months by British Airways (reopening of a base for its short-haul flights with 18 aircraft by end May) and Wizz Air (opening of 14 new direct links and four new aircraft for its base).

• The autumn holiday period also benefitted airports in the VINCI network in France, where traffic rose by approximately 20 points in Nantes and Lyon over this period. Passengers flying from Nantes chose holiday destinations such as Nice (+23%) or Barcelona (+30%). This uptick faltered subsequently with the fifth wave of the pandemic. Several companies (such as Volotea, Transavia, Swiss, Corsair) confirmed the opening of new lines to Nantes or Lyon as of December or for the next summer season, suggesting the possibility of an increase in traffic in the next few months.

• The number of passengers welcomed this last quarter in Belgrade (Serbia) was down 40% compared to the same quarter in 2019. Demand for flights was particularly brisk towards destinations such as Istanbul (+8%) and Dubai (+19%). Traffic could pick up in the next few months as Air Serbia reinforces the capacity of its Belgrade hub: resumption of routes to Nice, Madrid and Venice, and a new route between Belgrade and Nis.

• In Japan, passenger numbers rose 23 points over the quarter thanks to resumption of domestic flights after the state of emergency was lifted at end September (-29% in December), given that Japan’s borders have been closed for several months.

• In the United States, traffic at Orlando Sanford airport rose by almost 30 points over the quarter thanks to a lull in the pandemic in the country. On some routes, the number of passengers carried approached or even exceeded pre-pandemic levels, to destinations such as Asheville (-6%), Allentown (+5%) and Harrisburg (-5%). During this quarter, the airport welcomed new international routes with Canada (Toronto) operated by Swoop Airlines and Flair Airlines.

• Traffic in the Dominican Republic airports stabilised over the quarter at a point very close to its pre-pandemic level. Certain links made a strong contribution to sharp growth in traffic, in particular flights between Santo Domingo and Miami (+27%) and Madrid (+40%). Faced with strong demand on the Madrid route, Iberia further increased the frequency of weekly flights - to 13 - in November. Madrid is today the top destination from Latin America, where Iberia offers significantly more flights than before the pandemic. Traffic fell in December due to operational problems in the United States (cancellation of flights due to staff shortages).

• Growth of traffic to near pre-crisis levels at Salvador de Bahia airport in Brazil was confirmed this quarter. GOL Airlines opened more than 20 new destinations in December on the back of two new connection time-slots a day. This led to high passenger numbers on flights to São Paulo (VCP +48%), Rio (SDU +99%) and Belo Horizonte (+11%). In December, the airport reached an important milestone in its development: for the first time in its history, it had direct links to all the capitals in the south of the country. Lastly, six new destinations will be opened in January: Porto Velho, Montes Claros, São José do Rio Preto, Cuiabá, Belém, Florianópolis.

• In Chile, traffic rose 25 points compared to the preceding quarter. This strong uptick reflects very high passenger numbers on domestic lines (-12% over the whole quarter compared to the same period in 2019), and, to a lesser extent, the increase in traffic on certain international lines since reopening of borders on October 1st (Bogota from -76% in Q3 to -36% in Q4, Miami MIA from - 61% to -10%).

About VINCI Airports
VINCI Airports, as the leading private airport operator in the world, manages the development and operation of 45 airports located in 12 countries in Europe, Asia and the American continent. Through its expertise as a comprehensive integrator, VINCI Airports develops, finances, builds and operates airports, leveraging its investment capability and know-how to optimise operational performance, modernise existing infrastructure and manage airports’ environmental transition. In 2016, VINCI Airports was the first airport operator to commit to an international environment strategy, to achieve its goal of net zero emissions across its network by 2050.
www.vinci-airports.com
@VINCIAirports

 

About VINCI
VINCI is a global player in concessions, energy and construction businesses, employing more than 260,000 people in nearly 120 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, we are committed to operating in an environmentally, socially responsible and ethical 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. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.

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