Airport privatisation 2020 report and prospects for 2021 – Part 1

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2020 was a year in which the development of many (although not all) airports came to a sudden stop, with capex being replaced in the pecking order by opex in most cases - and in many, simply by survival measures.

Along with that everlasting hiatus came a cull of airport investment and privatisation activities, again with a few notable exceptions, mainly in countries where multiple concession procedures were already well advanced.

Over two parts this report details the few deals which were done in 2020, some that were abandoned or suspended, and those airports which have emerged - or may emerge - as future investment opportunities, assuming that the much-desired 'post COVID recovery period' actually takes place this year.

It says a lot that the last time airport privatisation was considered in any detail by CAPA (in the Sep-2018 research publication 'Airport Finance & Privatisation Review 2018'), that report ran to 186 pages. This one will be lucky to make 30.

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