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AIRPORT PROFILES Last modified on March 24, 2015

The A-Z of global airport operators

Who owns and operates the world’s airports? Joe Bates investigates and talks to some of the key players involved.

south africa flag


Airports Company South Africa (ACSA)

World Headquarters: Johannesburg, South Africa.

Airports 100% owned and operated: Johannesburg-OR Tambo, Cape Town, Durban–King Shaka, Upington, East London, George, Kimberley, Port Elizabeth and Bram Fischer (Bloemfontein) airports in South Africa.

Others: ACSA has a 10% stake in the GVK-led MIAL consortium, which operates Mumbai–Chhatrapati Shivaji International Airport in India, and manages São Paulo–Guarulhos courtesy of its 10% interest in the concessionaire responsible for operating the Brazilian gateway until 2032.

Plans to expand/reduce portfolio: ACSA claims that outside of South Africa it will “endeavour to identify and participate in select airport management and operating concession opportunities as part of its overall growth strategy”. 

News: In 2014, ACSA signed a memorandum of understanding (MoU) to provide advisory and technical services on all airport-related matters to Ghana Airports Company Limited. 

In São Paulo, ACSA counts its consortium partners as Brazilian companies Invepar and OAS, which between them have a controlling 51% stake in Guarulhos International Airport. State-owned Infraero has the remaining 49% shareholding.

At the time of deal in the summer of 2012, ACSA’s then acting managing director, Bongani Maseko, stated: “This is a great opportunity for ACSA as we realise that in order to grow the business, we have to look beyond
South African borders. In particular we are focusing on emerging markets such as India, Brazil and Africa.

“We managed to secure an opportunity in India a few years ago, we now have Brazil and are pursuing similar ventures in Africa. Winning the bid in Brazil will enhance ACSA’s brand and better position it in the market place as a serious participant in global airport investment and management.”



spain flag


Aena Internacional

World Headquarters: Madrid, Spain.

Airports 100% owned and operated: Parent company, Aena, operates
46 airports and two heliports in Spain including Adolfo Suárez Madrid-Barajas and Barcelona El Prat airports.

Others: Aena’s international trading subsidiary has interests in 15 airports in the UK, Colombia and Mexico. 

It has a controlling 51% shareholding in London Luton Airport in the UK;  37.89% and 50% stakes respectively in Colombia’s Cartagena de Indias (SACSA) and Cali Alfonso Bonilla Aragón (Aerocali) airports; and a 33.3% interest in Aeropuertos Mexicanos del Pacífico (AMP), strategic partner of  Grupo Aeroportuario del Pacifico (GAP), which operates 12 Mexican gateways that include Guadalajara, Tijuana, Puerto Vallarta, Los Cabos, La Paz and Manzanillo.

Plans to expand/reduce portfolio: Aena continues to consider new business opportunities worldwide, although in the last few years it has
shed its TBI-owned assets and its interest in Colombia’s Baranquilla–Ernesto Cortissoz International Airport ended in February 2012 when Aeropuertos de Caribe’s 15-year concession expired. 

News: In February 2015 the Spanish government finally completed an initial public offering (IPO) for the sale of a 49% stake in Aena SA (formely Aena Aeropuertos) to private investors. The flotation, which was five times over subscribed, is expected to raise €8.7 billion. Spain’s biggest ever IPO, carried out on the Madrid Stock Exchange on February 11, follows the government’s decision to scrap a deal to sell a 21% stake to three “cornerstone investors” – Corporación Financiera Alba (8%), Ferrovial (6.5%) and British investment fund TCI (6.5%).



france flag


Aéroports de Paris (ADP)

World Headquarters: Paris, France.

Airports 100% owned and operated: Aéroports de Paris (ADP) owns and operates Paris CDG, Paris-Orly and Le Bourget airports.

Others: Through its 38% stake in TAV Airports, ADP has interests in Istanbul Atatürk, Ankara Esenboga, Izmir, Milas Bodrum and Gazipasa in Turkey and Medina (Saudi Arabia), Monastir and Enfidah (Tunisia), Tbilisi and Batumi (Georgia) and Skopje and Ohrid (Macedonia). 

ADP has an 8% stake in the Schiphol Group and in Europe, wholly-owned subsidiary Aéroports de Paris Management (ADPM) has interests in Liege (25.6%) and Zagreb (20.8%). 

In Guinea, ADPM owns 29% of Conakry Airport operator, SOGEAC, and
in Central America holds a 25.5% of the shares in Mexico’s Servicios of Tecnología Aeroportuaria (SETA), which in turn has a 16.7% stake in the Centre-North Airports Group, operator of 13 airports that include Monterrey and Acapulco. 

Elsewhere, it has 10% stake in ATOL, which built and operates the new terminal at Sir Seewoosagur Ramgoolam International Airport in Mauritius and a 5% interest in MATAR, operator of the Hajj Terminal at Jeddah’s
King Abdulaziz International Airport. In neighbouring Jordan, ADPM has
a 9.5% shareholding in Queen Alia International Airport operator, AIG.

Plans to expand/reduce portfolio: ADP is actively looking to expand its global airport portfolio both in terms of equity and non-equity investments such as management, technical, design and construction contracts. 

News: It has a 45% stake in the Nuevo Pudahuel consortium that will assume responsibility for operating Santiago’s Arturo Merino Benítez International Airport for 20 years from October 1, 2015. Its consortium partners are VINCI Airports (40%) and Astaldi (15%). In the US, ADP has teamed up with Goldman Sachs and TAV Airports in its bid to win the concession to build and operate the planned new Central Terminal Building at LaGuardia. Subsidiary, ADP Ingénierie (ADPI), recently won the competition to design Terminal 1 at Beijing’s planned new mega hub. 



ADP: Continuing to expand

The Aéroports de Paris (ADP) Group continues to be very much more than just an equity investor in airports.

Through its wholly-owned-subsidiary ADP Ingénierie (ADPI), for example, ADP is also a major player in airport design and engineering studies, carrying out over 140 projects worldwide.

It is currently working on expansion projects at a host of airports that include Tocumen (Panama), Moroni (Comoro Islands), Bahrain (Bahrain), Clark (The Philippines) and Zanzibar (Tanzania).

Through its 49% stake in TAV Construction, ADP claims to be a world leader in airport construction, its projects including the New Doha international Airport and the ongoing upgrade of Abu Dhabi International Airport.

Finally, ADP and TAV Airports have teamed-up with travel retail specialists (respectively Lagardère Services and Gebr Heinemann) to set up joint ventures that directly operate duty-free shop at their main airports.

ADP chairman and CEO, Augustin de Romanet, tells Airport World: “We are one of the world’s top three airport companies with interests in nearly 40 airports across the globe and our strategy is to make the Aéroports de Paris Group a world leader in airport design, construction and operations. To achieve this goal, we’ll develop a much more integrated approach and tap the synergies between the group’s different entities, especially ADPM, TAV and ADPI”.  

In February, the Chilean government named ADP-led Nuevo Pudahuel consortium as the winner of the concession to operate Santiago’s Arturo Merino Benítez International Airport for 20 years from October 1, 2015. 

De Romanet, enthuses: “This airport offers strong potential for growth and the creation of new routes that will enable it to become one of the main entry points to Latin America from Europe, the United States and soon, from Asia. 

“This project, which is consistent with our international strategy, will allow Aéroports de Paris to make full use of its expertise as a major airport operator and its engineering know-how.”


To see the full article which looks at over 20 airports from around the globe CLICK HERE to purchase Airport World, Issue 1, 2015.

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