Singapore Changi Airport Group acquires stake in Aeroporti di Roma’s parent, GEMINA
The investment is part of a strategic industrial partnership to be forged with the shareholders’ pact of Gemina, which includes Investimenti Infrastrutture, Mediobanca, Assicurazioni Generali and UniCredit. Under the proposed industrial partnership, CAI will "play a key role in the future expansion and development of the AdR by establishing a long-term technical partnership with AdR to provide management support in areas such as airport operations, commercial development and master planning". In addition, CAI will also be represented on the Board of Directors of both Gemina and AdR.
AdR owns the concession to operate Italy’s largest airport group, comprising Rome's Fiumicino and Ciampino airports. The airports handled a combined 38.6 million passengers and 382,082 aircraft movements in 2009. Leonardo da Vinci Airport is the sixth largest hub in Europe, handling more than 33.8 million passengers last year. In Jan-2010, AdR continued its strong recovery from the global economic crisis as it registered 12.0% growth in passenger volumes.
Shares in New Zealand’s Infratil closed flat yesterday, upon the release of the company’s Jan-2010 traffic report at its investment airports in Europe. Glasgow Airport reported a decline in both passenger and cargo traffic, details include:
- Passenger numbers:
- Glasgow Prestwick: 103,188, -21.8% year-on-year;
- Cargo volume:
Japan Terminal Company sees growth in international passengers at Haenda
Shares in Japan Terminal Company, operator of Tokyo Haneda Airport, were up 0.4% yesterday. Passenger numbers at the airport remained low in Jan-2010, down 7.2% year-on-year to 59.3 million, despite a boost in international passenger numbers. Details include:
- Passenger numbers: 61.9 million, -7.2%;
- Domestic: 59.3 million, -7.9%;
- International: 2.6 million, +9.9%;
- Cargo volume: 721,474 tonnes, -6.6%.
The full traffic reports from Infratil and the member airports of Tokyo Civil Aviation Bureau are contained in today’s edition in Airport Business Daily. Airport Business Daily, delivered to your email inbox, also features CAPA analysis exclusives, today including from the Asia Pacific region: MAp Group back in growth mode. Q&A with CEO, Kerrie Mather.
Selected airports daily share price movements (% change): 01-Mar-2010