INTERNATIONAL. Vinci Airports is to add nine new locations to its network (two freehold property, three concession and four management contracts) following its acquisition of the airport portfolio held by Airports Worldwide. The deal, subject to approval by the relevant authorities and partners, also includes three partial management contracts at US airports.
The agreement boosts the company’s global network to 45 airports in 11 countries and on three continents. It also increases the number of passengers handled by its airports by 25.6 million to more than 182 million per year.
The portfolio acquired by Vinci Airports consists of:
- Two freeholds: A 100% stake in Belfast International Airport in Northern Ireland and a 90.1% stake in Skavsta Airport near Stockholm, Sweden.
- Three airports under concession: a 100% stake in Orlando-Sanford International Airport (Florida, USA) under a concession contract covering the current terminal and car park with a residual term of 21 years. This comes together with co-controlling stakes in Costa Rica’s two major airports; a 48.75% stake in San José Juan Santamaria International Airport and a 45% stake in Liberia Daniel Oduber Quiros International Airport, under concession contracts with residual terms of eight and 13 years.
- Four full management contracts covering Hollywood Burbank Airport and Ontario International Airport, in California; and Macon Downtown Airport and Middle Georgia Regional Airport in Georgia.
- Three partial management contracts covering US airports: Atlantic City International Airport in New Jersey, Raleigh Durham International Airport in North Carolina, and part of the international terminal in Atlanta, Georgia, the world’s largest airport in terms of traffic.
These acquisitions offer Vinci Airports entry into the USA, the world’s largest air transport market. It also strengthens its presence in Europe, where the group already operates 12 airports in France and ten in Portugal, plus Belgrade Nikola-Tesla Airport in Serbia, for which Vinci Airports signed a concession contract on 22 March this year.
The acquisition of the two main airports in Costa Rica, strengthens Vinci Airports’ positions in South and Central America, where it manages airports in Santiago, Chile and Salvador, Brazil, together with six airports in the Dominican Republic including the key location of Santo Domingo.
