Joe Bates

Joe Bates finds out more about the history, plans and future ambitions of a handful of global airport investors at different stages of their development and investment cycles:

  • VINCI Airports is set to add London Gatwick to its portfolio after agreeing to pay owners GIP £2.9 billion to take a controlling 50.01% stake in the UK gateway
  • TAV Airports acquired a 49% stake in Antalya Airport operator, ICF Antalya (now Fraport TAV Antalya), early last year
  • Last year, Fraport added two Brazilian airports (Fortaleza and Porto Alegre) to its portfolio, while fully divesting its small minority stake in Hanover Airport in Germany.  Fraport USA launched new concessions at New York-JFK in April 2018 and at Nashville in February 2019.
  • CCR purchased Airports Worldwide Holding BV’s shares in AERIS Costa Rica in May 2018 to take a controlling 97.5% interest in the company
  • After consolidating its current portfolio, Ferrovial Airports is actively looking to identify new opportunities in the global market, placing a particular focus on the US.

[Source: Airport World]