Aéroports de Paris SA - Groupe ADP welcomes the success of the bid by TAV Airports for the renewal of Antalya Airport concession
01 Dezember 2021 - 12:41PM
Aéroports de Paris SA - Groupe ADP welcomes the success of the bid
by TAV Airports for the renewal of Antalya Airport concession
FINANCIAL RELEASE
1 December 2021
Aéroports de Paris SAGroupe ADP welcomes
the success of the bid by TAV Airports
for the renewal of Antalya
Airport concession
A joint-venture formed by TAV Airports (51%),
member of Groupe ADP, and Fraport (49%) has won
the tender for the renewal of Antalya Airport
concession. This success results from the auction held
by the Turkish State Airports Authority (DHMI)
on December 1st, 2021, in which the joint-venture
was the highest bidder. The object of the tender is the
realization of additional investments to increase capacity of
the airport in return for the right to operate the airport for 25
years, between January 1st, 2027
and December 31st, 2051.
The total concession rent to DHMI is of 7.25
billion euros (VAT excluded), of which 25% (1.8 billion euros)
are to be paid within 90 days after the signing of the concession
agreement. The service charge will be 17 euros per outgoing
international passenger and 3 euros per outgoing domestic passenger
during the new concession period. The investment for the capacity
increase of Antalya Airport,
to 80 million passengers annually, more than the
double that the current capacity, is planned at around 765 million
euros on a fixed price EPC1 basis, of which 600 million euros will
be conducted between 2022 and 2025, and 165 million euros between
2038 and 2040.
The results of the joint-venture will be
accounted for under the equity method.
The current operating rights of Antalya Airport,
operated by a company equally-owned between TAV Airports and
Fraport, remain unchanged until December 31st, 2026.
Antalya airport is a strategic asset within TAV
Airports' portfolio. Since the end of Istanbul Ataturk concession,
it is the main platform of TAV Airports, in dividends as well as in
trafic volume: In 2019, Antalya airport welcomed 35.7
million passengers, of which 28.7 million were international
passengers, making it the second-busiest airport in Turkey,
and the first in international O&D2 traffic.
Antalya is a major destination during the
European summer leisure season due to its location
on the Turkish Riviera, 500km long on the Mediterranean
coastline, in the Southwest of the country, and with a hotel
capacity of 625,000 beds.
Investor Relations: Audrey
Arnoux, Head of Investor Relations +33 6
61 27 07 39 - 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 2020, the group handled through its brand Paris Aéroport 33.1
million passengers and 1.8 million metric tons of freight and mail
at Paris-Charles de Gaulle and Paris-Orly, and more than 96.3
million passengers in airports abroad. 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 2020,
group revenue stood at €2,137 million and net result attributable
to the Group at -€1,169 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
1 Engineering, Procurement, and Construction2 Origin -
destination
- Aéroports de Paris SA - Groupe ADP welcomes the success of the
bid by TAV Airports for the renewal of Antalya Airport
concession
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