2018-12-27

VINCI Airports


DEVELOPMENT 24.04.2018
VINCI Airports enlarges its network of airports in the United States, the United Kingdom, Costa Rica and Sweden

VINCI Airports, a VINCI Concessions subsidiary, is acquiring 9 new airports (2 freehold property, 3 concession, 4 management contracts) and three partial management contracts in American airports following acquisition of the airport portfolio held by Airports Worldwide. This acquisition allows VINCI Airports to make a strategic move into the USA, the world's largest air transport market, and also bolsters its presence in Europe and Central America. The operation boosts VINCI Airports' global network, which now includes 45 airports in 11 countries and on 3 continents. It also increases the number of passengers welcomed in its airports by 25.6 million to more than 182 million per year.

France’s Vinci Airports is taking a controlling stake in Gatwick for £2.9bn, a week after the UK’s second-biggest airport was brought to a standstill by a series of drone sightings.

Thu 27 Dec 2018 13.11 GMT
France’s Vinci Airports is taking a controlling stake in Gatwick
for £2.9bn, a week after the UK’s second-biggest airport was brought to a standstill by a series of drone sightings.

A consortium led by the US investment fund Global Infrastructure Partners (GIP) 
is selling a majority stake of 50.01% in the airport to Vinci Airports, one of the world’s top airport operators and part of the infrastructure group Vinci. Vinci and GIP will manage Gatwick together.

The deal, which was agreed on Thursday, was delayed by the chaos caused by three days of drone sightings in the run-up to Christmas. Gatwick, the eighth-busiest airport in Europe by passenger numbers, was forced to close its runway, disrupting flights for 140,000 passengers.

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