Airport Operators/Investors
abertis airports is one of the main airport operators in the world, having a strong presence in Europe and America. It has stakes in 30 airports in 9 countries, with a worldwide traffic level that exceeds 80 million passengers annually.
Airport interests include:
- TBI Airports (London Luton, Cardiff, Belfast International, Stockholm Skavsta (Sweden), Orlando Sanford (US) and La Paz, Santa Cruz and Cochabamba (Bolivia) with AENA [90%/10% in the vehicle ACDL]).
- Management contracts at Atlanta, Burbank (Bob Hope), Middle Regional Georgia, Herbert Smart Downtown and Raleigh-Durham International airports (all US). In Colombia, Abertis Airports manages, through the operator Codad, the two runways of Eldorado-Bogota Airport. In 2007 Abertis acquired Desarrollo de Concesiones Aeroportuarias, a holding company with stakes in 15 airports in Mexico, Jamaica, Chile and Colombia. These include the 12 airports in Mexico managed by Grupo Aeroportuario del Pacífico (GAP).
- Abertis Airports also provides consultancy services at the Castellón-Costa Azahar Airport in Spain
abertis features in CAPA's Global Airport Investors Database.
ABN AMRO is a major Dutch financial services firm headquartered in Amsterdam. ABN AMRO is engaged in consumer and retail banking services, as well as private, investment and merchant banking.
Operator of Abu Dhabi and Al Ain international airports, as well as Al Bateen Executive Airport, ADAC announced plans to explore foreign airport investment opportunities in Jun-2008, stating it would consider various business models on a case-by-case basis, including equity participation in foreign projects without geographic limitation.
ADAC features in CAPA's Global Airport Investors Database.
Abu Dhabi Investment Authority, the world's largest sovereign wealth fund, acquired a 15% stake in London Gatwick Airport in Feb-2010 for an undisclosed sum (reported to be GBP125 million).
Abu Dhabi Investment Authority features in CAPA's Global Airport Investors Database.
ADC, as the 73% majority shareholder in a joint venture with Lockheed Air Terminals Services Inc., was the concessionaire, developer and operator of the CAD600 million Terminal 3 at Toronto's Lester B. Pearson International Airport. HASDC and ADC together participates as a 32% equity shareholder of the consortium (Quiport) that was awarded the 35 year concession to privately design, finance, construct and operate the USD655 million green field development of the New Quito International Airport. ADC, in an equal joint venture with Aeroports de Montreal, was the concessionaire, developer and operator of the USD130 million project at Budapest Airport which included the design and construction of a new passenger terminal facility and the renovation of the existing terminal.
ADC features in CAPA's Global Airport Investors Database.
Aecon Concessions develops domestic and international Public-Private Partnership (P3) and Build-Operate-Transfer (BOT) projects, playing the roles of investor, constructor and/or operator. It entered the infrastructure development business in 1990. It holds a 45.5% interest in the concession to operate Quito Airport, Ecuador, through its stake in Corporacion Quiport SA (Quiport), which holds concession rights for the airport. Construction of a new terminal will be completed in Oct-2010.
Aecon Concessions features in CAPA's Global Airport Investors Database.
AENA Internacional is a subsidiary of the Madrid, Spain-based state-owned airports operator that is the world’s largest. AENA Internacional has numerous contracts and investments mainly in Latin America:
- 40% of Aeropuertos del Caribe SA, manager of Barranquilla Airport in Colombia;
- Manages Cali and Cartagena airports in Colombia;
- Owns 25% share of consortium that acquired 15% stake in Grupo Aeroportuario Pacifico (GAP) in Mexico (12 airports) in the first concession contracts;
- Manages Jardines del Rey Airport, Cayo Coco, Cuba, on five-year contract;
- Owns 10% of ACDL (q.v.)
30% of AENA parent company is to be privatised.
See also the AENA profile in the ANSP section.
AENA Internacional features in CAPA's Global Airport Investors Database.
Aeroporti di Roma SpA is the exclusive concessionaire for the operation and development of Rome airport system, consisting of Rome Fiumicino “Leonardo da Vinci” international airport and Rome Ciampino “Giovan Battista Pastine” airport. AdR took a small interest in Genoa (15%) and Bologna airports and undertook consulting work for Lamezia Terme Airport where it later took a 16.6% stake. AdR is itself held by Gemina Spa in which Changi Airports International now holds a 5% stake.
Aeroporti di Roma features in CAPA's Global Airport Investors Database.
Aeroporti Holding Srl (Benetton Group) holds a 24% stake in SAGAT Turin Airport SpA and a 29% holding in SAF SpA, manager of Florence Airport. It also owns 57.09% of Autogrill.
Aeroporti Holding Srl features in CAPA's Global Airport Investors Database.
Aéroports de Paris (AdP) builds, develops and manages airports including Paris Charles de Gaulle, Paris Orly and Paris Le Bourget. In Jul-2005, Aéroports de Paris was converted into a public limited company in order to boost its growth. AdP was partially privatised by IPO in 2006. It has an 8% cross-shareholding with Schiphol Group.
AdP is active as an airport designer, manager and investor for many years through subsidiaries AdPI (Ingenieur/Engineer) and AdPM (Management), mainly in francophone countries, the Middle East and SE Asia.
Snapshot of AdP company investments and management contracts:
- Cameroon – 35% stake in Aéroports du Caméroun;
- Madagascar – 34% stake in Aéroports du Madagascar;
- Guinea – 29% stakeholder partnership in SOGEAC, which runs Conakry Airport under a five-year contract;
- Cambodia – Majority partner in CAMS (60%), which runs Phnom Penh and Siem Reap airports, also provides ground handling. (Vinci is a major investor at these airports);
- Belgium – 25% stake in SAB SA, operator of Liège Airport, which specialises in freight;
- Mexico – 25.5% stake through OMA in Grupo Centro Norte
- Egypt – operates Mersa Alam airport since 2001 and Sharm El Sheikh, Hurghada, Luxor, Asswan and Abu Simbel airports since Feb-05 for six years (no investment)
- Vatry Airport, France – 23.2% stake in consortium SEVE
- Saudi Arabia - USD140 million contract to help develop Saudi Arabia's King Abdulaziz Airport.
Aéroports de Paris features in CAPA's Global Airport Investors Database.
Aeropuertos Argentina 2000 has operated 33 airports in Argentina since 1999, including Buenos Aires' Ezeiza and Aeroparque airports, as well as San Rafael, Malargüe, San Juan, San Luis, Bariloche, Esquel, Viedma, Puerto Madryn, Comodoro Rivadavia, Río Gallegos and Río Grande airports.
Internationally, it has a 30-year concession to manage and develop Carrasco International Airport, Montevideo, Uruguay, as part of Puerta del Sur consortium, 30-year concession to manage Zvarnots Airport, Yerevan, Armenia and 15-year concession on Simon Bolivar Airport, Guayquil, Ecuador.
Aeropuertos Argentina features in CAPA's Global Airport Investors Database.
Aeropuertos y Servicios Auxiliares is a independent government-owned corporation responsible for the planning, construction, operation and management of Mexico's airports. The corporation currently manages 20 airports across the country.
Agunsa SA is a partner in the SCL Terminal Aéreo Santiago consortium, formed together with Sabco Administrador de Fondos de Inversión SA of Chile, Grupo Dragados of Spain), and YVRAS. Agunsa holds a 47% stake.
It owns 35% of the MBJ Airports consortium which has won a 30-year concession to develop Sangster International Airport, Montego Bay, Jamaica, with YVRAS, Ashtrom Group Ltd, and Dragados Concesiones de Infraestructuras SA.
Agunsa SA features in CAPA's Global Airport Investors Database.
Airport Authority Hong Kong (AAHK) is a statutory body with a mandate to maximise the value of Hong Kong International Airport (HKIA) for the benefit of the territory. Established in 1995 to operate and maintain HKIA, and with an emphasis on enhancing Hong Kong's status as a major centre of international and regional aviation, AAHK is wholly owned by the Government of the Hong Kong Special Administrative Region (HKSAR).
AAHK manages Zhuhai Airport in neighbouring Guangdong Province, Mainland China since Oct-2006. It also has a 35% stake in Hangzhou Xiaoshan International Airport (HXIA), situated 180 km from Shanghai, in Zhejiang Province.
Airport Authority Hong Kong features in CAPA's Global Airport Investors Database.
Acquired a 92.88% stake in TBI’s airport portfolio in 2004 as an initiative of Abertis and AENA.
Airport Concessions & Development Ltd features in CAPA's Global Airport Investors Database.
Airport International Group is a Jordanian company engaged in the management and redevelopment of Jordan’s major international gateway, Amman's Queen Alia International Airport. AIG operates the airport under a 25-year build-operate-transfer (BOT) concession, and has embarked upon a major redevelopment of the airport, with capital commitments of USD750 million to improve the airport's facilities and expand capacity. AIG is owned by an international consortium which includes Invest AD, Noor Financial Investment Company, EDGO Group, J&P limited, J&P Avax and Aeroports de Paris Management.
Abertis Airports
ABN AMRO
Abu Dhabi Airports Company
Abu Dhabi Investment Authority
ADC-HAS
Aecon Group
AENA Internacional
Aeroporti di Roma
Aeroports de Paris
Aeropuertos Argentina 2000
Aeropuertos y Servicios Auxiliares
Agunsa SA
Airport Authority Hong Kong
Airport International Group