Airport Finance and Privatisation: CAPA's Review of the Year 2013 - Part 1

Premium Analysis

Earlier this year, CAPA established its Global Airport Investors Database. As the Database approaches its 500th corporate entry, it is an appropriate moment to examine the trends in airport privatisation and financing that have influenced the content of that database in 2013, a year when the number of deals at best remained stable but the number of participants in investment continued to grow, despite some ‘retirements’.

As in the previous year, 2013 witnessed relatively few airport M&A transactions involving secondary and tertiary level airports, but with some significant ones occurring at the primary level. Indeed, at this level, in aviation and other transport sectors such as ports and roads in aggregate, the number of deals rose close to record levels.

The first half of 2013 saw global deals of infrastructure assets worth USD16.6 billion, and by the end of the third quarter this figure had risen to USD23.5 billion, which already exceeds total annual deal values for every year since 2008. The majority of assets being acquired in 2013 have been either in Europe or Asia.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 7,044 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.