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NEWS Last modified on November 11, 2016

VINCI Airports led consortium takes controlling stake in Aéroports de Lyon

A VINCI Airports led consortium has finalised the acquisition of a 60% stake in Aéroports de Lyon (ADL), operator of Lyon Saint-Exupéry and Lyon Bron airports in France.

VINCI’s partners in the deal are Caisse des Dépôts (CDC) and Crédit Agricole Assurances.

ADL has the concession to operate and develop Lyon Saint-Exupéry, the second largest regional airport in France, and Lyon Bron until the end of 2047.

As the majority shareholder, the consortium will ensure the development of these two hubs, which in 2015 handled more than 8.7 million passengers.

Nicolas Notebaert, CEO of VINCI Concessions and chairman of VINCI Airports has been appointed as chairman of the Supervisory Board of Aéroports de Lyon.

The ambition of the new shareholders is to make the two airport hubs “reflect the dynamism of the Auvergne-Rhône Alpes region and of the metropolitan city of Lyon”.

As the second largest region of France in terms of exports and the third largest in terms of hotel accommodation, with its access to the main alpine ski resorts, the catchment area of Aéroports de Lyon is one of the most dynamic in the country.

It is also a very active region in terms of demographics, with a population of 12 million people.

The consortium has pledged to support and encourage the airports' growth in traffic and development, to exceed 15 million passengers by 2032.

It will also promised to offer the best quality of service, in line with clients' expectations and maintain an exemplary environmental performance.

According to VINCI, the three members of the consortium will use their "substantial local presence in their various fields of activity to support the development of the region's attractiveness and thus to make an active contribution to strengthening the international reputation of the metropolitan city of Lyon".

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