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Vinci acquires nine airports including Belfast International

Belfast airport

Vinci Airports has acquired nine more airports around the world, expanding its portfolio to 45.

It has snapped up airports in the UK, the US, Europe and Central America. As a result more than 182M passengers across 11 countries on three continents will now pass through Vinci-owned airports each year.

The latest additions come after Vinci penned an agreement to acquire the portfolio of Airports Worldwide.

As part of the agreement Vinci Airports has acquired a 100% stake in Belfast International Airport.

South Antrim Ulster Unionist MLA Steve Aiken said the sale is a great moment for the Northern Irish capital.

He said: “The sale of Belfast International Airport to a major worldwide airport operator, Vinci, is to be welcomed as it opens the way for further investment in the facility.

“Belfast International has enjoyed impressive passenger growth over the past three years. This year, it is expected to exceed 6M passengers for the first time ever.

“Hundreds of new jobs [will be created] and significant investment in on-site facilities have taken place, and my hope is that that level of activity will be maintained.

“Vinci is buying into a winner. It is now time to abolish Air Passenger Duty (APD) and build a dual carriageway to the airport and help ensure that under its focused and committed senior management team, the airport continues to break new ground and expand.”

As well as acquiring Belfast International Airport, the deal includes a 90.1% stake in Skavsta Airport in Sweeden, a 100% stake in Orlando-Sanford International Airport in the United States; a 48.75% stake in Juan Santamaria International Airport in Costa Rica; and a 45% stake in Daniel Oduber Quiros International Airport in Liberia.

The deal also includes four full management contracts covering Hollywood Burbank Airport, Macon Downtown Airport and Middle Georgia Regional Airport in the US. It also covers Ontario International Airport in Canada

Partial management contracts covering other US airports including Atlantic City International Airport and Raleigh Durham International Airport are also part of the deal.

 

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