Page 6 - Groupe Adp News Today : Breaking News, Live Updates & Top Stories | Vimarsana
No perder la oportunidad de convertir a Viru Viru en un hub
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El Ciudadano | Mega aeropuerto inaugurado en China espera atender unos 60 millones de pasajeros al año
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Забастовка в парижском аэропорту привела к массовой задержке рейсов
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Premium Analysis
A CAPA report published in mid Apr-2021 pointed to a small number of airports that were able to demonstrate some actual traffic growth in Mar-2021 and they aren’t in China, where that growth is up to 200% at many airports.
While that is good news, they are statistical outliers.
A more cogent picture has been provided by three large and powerful operators – VINCI, Corporación América and Groupe ADP. Their traffic statistics for Mar-2021 and for 1Q2021, where they are available, demonstrate that the way that the industry is starting to recover from the pandemic’s body blows is very inconsistent, with one group’s worst performers being thousands of miles apart – in Uruguay and Italy.
Premium Analysis
A trickle of annual reports and financial statements for airport operators is turning to a flood as the end of Feb-2021 is reached.
They make for grim reading, as expected. But it is not disastrous.
None are saying that they are on the verge of going bust. One big operator, which last year was talking in terms of having sufficient liquidity until the summer of this year, now cites 2023 instead. There has been recapitalisation and cost-cutting as operators adapt to the ‘new normal’. Multiple vaccine availability gives cause for hope.
The main message coming out of these reports, though, is that no two sets of circumstances are alike, which is why a few operators are able to carry on much as normal, while others (the majority) are a shadow of what they once were.