Aéroports de Paris SA: Aéroports de Paris SA takes note of the ISA decision
15 Januar 2019 - 7:20PM
PRESS RELEASE
15 January 2019
Aéroports de Paris SA
Aéroports de Paris
SA takes note of the decision of the Independent Supervisory
Authority (ISA) not to approve its 2019 airport charges
Aéroports de Paris SA takes note
of the decision n°1810-D1 of the Independent Supervisory Authority
(ISA) not to approve the airport charges applicable from 1 April
2019, on Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget
airports as well as their modulations, with the exception of fees
for assistance to disabled passengers and passengers with reduced
mobility. The ISA estimates that the overall product of the airport
public service fees on the airport system, after taking into
account the proposed tariffs increase, exceeds the services
cost.
The Group is studying the precise
scope of this decision and the follow-up to be given. In accordance
with Article R. 224-3-4 of the Civil Aviation Code, it has one
month, from the notification of the refusal decision, to notify the
ISA a new proposal of airport charges. In case this new proposal is
refused, or in the absence of a new tariff proposal, the tariffs
previously in force will remain applicable.
Aéroports de Paris SA's regulatory
model is based on the existence of a multi-year regulation
agreement and on the adjusted till principle. It is an important
asset for the group, creating value for all stakeholders. This
model, confirmed in the PACTE Draft Bill ("Plan d'Action pour la
Croissance et la Transformation des Entreprises") currently under
consideration in Parliament, has allowed and should still allow the
company, thanks to its predictability and stability, to invest
heavily on Parisian platforms for the capacity development and the
competitiveness of airlines in the long term while ensuring
moderation and predictability of airport charges in Paris.
Aéroports de Paris SA will respect this framework for its new
proposal.
Investor
Relations: Audrey Arnoux, Head of Investor Relations +33 1 74 25 70
64 - invest@adp.fr
Press contact:
Lola Bourget, Head of Medias and Reputation Department +33 1 74 25
23 23
Groupe ADP develops and manages
airports, including Paris-Charles de Gaulle, Paris-Orly and
Paris-Le Bourget. In 2017, the group handled through its brand
Paris Aéroport more than 101 million passengers and 2.3 million
metric tonnes of freight and mail at Paris-Charles de Gaulle and
Paris-Orly, and more than 127 million passengers in airports abroad
through its subsidiary ADP International. Boasting an exceptional
geographic location and a major catchment area, the Group is
pursuing its strategy of adapting and modernizing its terminal
facilities and upgrading quality of services; the group also
intends to develop its retail and real estate businesses. In 2017,
group revenue stood at €3,617 million and net income at €571
million.
Registered office: 1, rue de
France, 93 290 Tremblay-en-France. Aéroports de Paris is a public
limited company (Société Anonyme) with share capital of
€296,881,806. Registered in the Bobigny Trade and Company Register
under no. 552 016 628.
groupeadp.fr
Aéroports de Paris SA takes note of
the ISA decision
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Aéroports de Paris via Globenewswire
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