13 October 2022 – 5:45 pm – Traffic – France
● Passenger traffic in Q3 2022 is 85% higher than in Q3 2021; the difference compared to 2019 is reduced to 22%, i.e. 5 points better than in Q2 2022
● Traffic was strong this summer in Europe, where operational disruptions remained limited at the Group’s airports, and at airports in Central America and the Caribbean, where traffic is now higher than in 2019
● Traffic growth in Asia remains limited but could accelerate this winter with the gradual easing of restrictions in several countries.
In the paragraphs below, unless otherwise stated, changes refer to traffic levels in Q3 2022 compared to the same period in 2019.
More than 56 million passengers passed through the VINCI Airports network in Q3 2022, i.e. 85% more than in Q3 2021 (and 22% less than in 2019). Tourism and VFR travel are back to their 2019 levels. The momentum of European airports is now stronger than that of other regions, due to a faster recovery and load factors on flights that are significantly higher than in the other regions (the average load factor is 85%). Airports in Central America and the Caribbean are consolidating the market shares they gained during the crisis and welcomed a record number of passengers in the third quarter of 2022. The expected easing of travel restrictions in Asia should help international traffic in this region to resume this winter season.
Traffic continued to recover this summer in Europesupported by strong demand and notwithstanding the operational problems that some airlines have faced.
The airports of Portugal attracted more than 18 million passengers this summer, almost as many as in summer 2019. Traffic in Porto (+2%) and Funchal on the island of Madeira (+31%) is even higher than ‘in the summer of 2019. Traffic in London gatwick continued to recover to pre-crisis levels. Operational disruptions were limited despite the strong increase in traffic. Many airlines, including low-cost ones, had decided to increase their capacity at Gatwick this summer (easyJet added 3%, Vueling added 58%, Wizz multiplied it by 4.7). Plans to add capacity on long-haul international flights (by British Airways, Norse Atlantic, Emirates, Delta Airlines and Bamboo Airways) are expected to support traffic growth over the coming months. Traffic at Belgrade the airport remained very close to its pre-crisis levels, in particular due to flights departing from Europe (eg Turkey, +43%). In Francetraffic in Nantes and Lyon continued to grow, with sustained demand for flights to several international destinations including Greece (+1.8% in Lyon, +5.7% in Nantes) and Turkey (+24% in Lyon ), although the figures were impacted by capacity reductions on some domestic lines.
Traffic at airports Dominican Republic remained above the levels reached in 2019, thanks to strong demand for flights to and from the United States and Spain (+9.6% and +39% respectively). Traffic is growing very strongly in Dominican airports: 22 new lines have started or will start in 2022, and Arajet, a new airline based in Santo Domingo, has started operations. Traffic at Guanacaste in Costa Rica also continued to increase in Q3 and is now significantly higher than in 2019 (+41% in September).
Traffic at the airports of Asia is still lagging behind other regions, but may increase in the coming months as travel restrictions are eased in Japan, South Korea, Hong Kong and Taiwan. In Japan, domestic traffic in the third quarter was around 20% below its 2019 level and international traffic remained weak. With the lifting of all restrictions on inbound travel to Japan from October 11, many airlines (including ANA, JAL and Air Asia) have already announced that they will increase their capacity in the coming months. Traffic at the airports of Cambodia growing slightly driven by flights to and from Thailand (-40%) and Singapore (-16%) but still lagging behind as traffic to and from China remains weak.
About VINCI Airports
VINCI Airports, the world’s leading private airport operator, manages the development and operation of 50 airports located in 11 countries in Europe, Asia and the Americas. Thanks to its expertise as a global integrator, VINCI Airports develops, finances, builds and operates airports by relying on its investment capacity and know-how to optimize operational performance, modernize existing infrastructure and manage environmental transition. airports. In 2016, VINCI Airports was the first airport operator to commit to an international environmental strategy, to achieve its goal of net zero emissions on its network by 2050.
VINCI is a global player in concessions, energy and construction, employing more than 260,000 people in nearly 120 countries. We design, finance, build and operate infrastructure and equipment that help improve daily life and mobility for everyone. Because we believe in global performance, we are committed to operating in an ecological, socially responsible and ethical manner. And because our projects are of general interest, we consider that meeting all our stakeholders and dialoguing with them is essential in the conduct of our activities. Based on this approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.