FRANCE. The major Paris airports will serve between 65% and 75% of 2019 traffic volumes in 2022, according to Groupe ADP. Worldwide, the group said it expects its airport network (which includes TAV Airports and GMR Airports) to serve 70-80% of 2019 traffic numbers.
The updated forecasts came as Groupe ADP revealed full-year results for 2021. Passenger traffic at Paris Charles de Gaulle and Paris Orly combined climbed by +26.8% year-on-year to 41.9 million, or 38.8% of 2019 figures. Group traffic worldwide rose by +37.2% to 160 million, or 45.6% of 2019 volumes.
Consolidated revenue rose by +27.9% year-on-year to €2,777 million, aided by traffic recovery in Paris. Retail & Services revenue growth was +27.8%, with the figure reaching €825 million. Within this, retail revenue of €428 million showed an increase of +36.5%.
Airside spend per passenger (Paris airports) was €21.60, up +13.1% year-on-year; this also represented a +9.6% improvement on 2019. In the key terminal for retail spend, Paris CDG 2E, Hall K, sales per passenger was €55.90, up more than +25% on 2020.
Other key contributors to growth included a rebound in traffic and business at Amman International in Jordan and the integration of Almaty Airport from 1 May, which boosted TAV Airports’ revenue and profits.
EBITDA in the year reached €751 million, an improvement of €583 million on 2020. The group reported a net loss of €248 million, though this was an improvement of €921 million compared to a year earlier. For 2022, Groupe ADP said it is forecasting a return to profit.
Groupe ADP Chairman and CEO Augustin de Romanet stated: “The months from January to May 2021 were marked by a resurgence of the Covid-19 pandemic which affected all of the group’s activities. The recovery in activity that began in mid-May continued until the end of the year in line with the group’s forecasts.
“All financial indicators trended upwards in 2021. In addition to the positive impact of the recovery in traffic in the second half of the year, this trend was also due to the management of operating expenses, as a result of the savings measures initiated at the beginning of the crisis and the first effects of the social measures in Paris. The group also succeeded in increasing its quality of service and its revenue per passenger in the Paris commercial activities, whose level exceeded that of 2019.”
