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Vinci Airports

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French concessions and construction company

Vinci Airports
London Gatwick
IndustryConcessions
HeadquartersFrance
Area servedWorldwide
Key peopleNicolas Notebaert (Chairman) since 2008
ServicesAirports operator
Revenue€2.679 billion (2022)
Net income€507 million (2022)
ParentVinci SA, Vinci Concessions
Websitewww.vinci-airports.com

Vinci Airports is a subsidiary of Vinci Group, which develops and operates civil airports. The company develops a network of 65 airports in 12 countries including France, Portugal, Brazil, United States, Cambodia, Japan, Dominican Republic, Chile, Serbia, United Kingdom, and Costa Rica.

History and development

In 1995, Vinci Airports obtained its first airport concession. A contract was signed, via its subsidiary Cambodia Airports, until 2040 for the airports of Phnom Penh and Siem Reap. Since 2006, Vinci Airports has also held the concession for a third international airport in Cambodia: Sihanoukville.

In France Vinci Airports won its first tender for Grenoble Airport in 2003, followed by a second in 2004 for Chambéry Airport.

VINCI Airports was set up in Chile in 2015. The Nuevo Pudahuel consortium, including Vinci Airports (40%), Aéroports de Paris (45%) and Astaldi (15%), took over the operation of Santiago de Chile Airport for 20 years.

It was also in 2015 that Vinci Airports and its partner Orix were appointed prospective concessionaires for Kansai and Osaka International airports for a 44-year period starting 1 April 2016.

In 2018 Vinci Airports signed the concession contract for Belgrade Airport, Serbia and officially became the concessionaire in December 2018 for a 25-year term. In April 2018, Vinci Airports announced the acquisition of Airports Worldwide, a U.S. airport concession company, and thus became concessionaire for 8 airports including Belfast International Airport, Northern Ireland, Stockholm-Skavsta Airport, Sweden, Orlando-Sanford Airport, U.S.A., and Guanacaste Airport, Costa Rica.

In December 2018 Vinci Airports reached an agreement to buy 50.01% of the shares in Gatwick Airport Limited, the company that owns London Gatwick Airport, from its current shareholders, enabling it to become the majority shareholder for €3.2 billion.

In 2021 Vinci Airports won the concession for seven new airports (Manaus, Tabatinga, Téfé, Cruzeiro do Sul, Porto Velho, Rio Branco, Boa Vista) in the Amazon region of northern Brazil, for 30 years.

In December 2022 Vinci Airports acquired 30% of OMA (Grupo Aeroportuario del Centro Norte), the leading Mexican airport operator, which operates 13 airports in that country.

in July 2023, it was announced Vinci Airports had secured €60 million in financing to acquire seven airports in Cape Verde and subsequently took over the operations of the airports

On June 6, 2024, the government of Hungary announced that, together with Vinci Airports, they have purchased Budapest Airport, the operator of Budapest Liszt Ferenc International Airport, from its previous owners. Hungary and Vinci, after paying €3.1 billion in cash and assuming a net debt of €1.2 billion, now hold 80% and 20% ownership of the capital's airport, respectively. Vinci Airports will be the platform operator for decades to come, with a concession expiring in 2080.

Subsidiaries

The company's subsidiaries in 2024:

References

  1. ^ "2022 Full Year Results Presentation". Vinci.
  2. TTR Weekly (16 January 2019). "Cambodia airports hit new milestone".
  3. DFNI Frontier (5 February 2015). "Nuevo Pudahuel consortium to build new international terminal at Santiago de Chile".
  4. FT (3 May 2016). "Robots are coming, Wall Street scourge and curse of the salaryman".
  5. Euractiv (11 January 2018). "French Vinci gets concession for Belgrade airport".
  6. Globe Newswire (24 April 2018). "OMERS Infrastructure Agrees to Sale of Airports Worldwide to Vinci Airports".
  7. The Irish News (24 April 2018). "New French owners for Belfast International Airport".
  8. "The march of a global airports brand". 21 June 2018.
  9. The Guardian (27 December 2018). "Gatwick airport: majority stake sold to French group".
  10. BBC News (27 December 2018). "Gatwick Airport: Majority stake sold to French firm".
  11. Airport World (7 April 2021). "VINCI Airports adds seven Brazilian gateways to global network".
  12. Bloomberg (31 July 2022). "Vinci to Buy Nearly 30% Stake in Mexico Airport Operator OMA".
  13. Events, UKi Media & (28 July 2023). "Vinci Airports secures €60m to acquire seven airports in Cabo Verde". Passenger Terminal Today. Retrieved 28 July 2023.
  14. ^ "VINCI Takes Over Seven Cape Verde Airports". aviationweek.com. 25 July 2023. Retrieved 5 February 2024.
  15. https://www.portfolio.hu/gazdasag/20240606/visszavasarolta-a-kormany-a-ferihegyi-repuloteret-690783
  16. https://www.bloomberg.com/news/articles/2024-06-06/hungary-and-vinci-buy-budapest-airport-in-4-7-billion-deal
  17. https://www.marketscreener.com/quote/stock/VINCI-4725/news/VINCI-acquires-a-20-shareholding-in-the-Budapest-airport-concession-company-and-becomes-the-platfor-46921727/
  18. https://www.bloomberg.com/news/articles/2024-06-06/hungary-and-vinci-buy-budapest-airport-in-4-7-billion-deal
  19. Points, Head for (18 April 2024). "Edinburgh Airport sold". Retrieved 18 April 2024.
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