Activities of Lithuanian Airports 29 January 2020
Marius Gelžinis CEO, LITHUANIAN AIRPORTS GROWTH IS ONLY GAINING MOMENTUM Passenger projections by international organizations
2031 2033 2037 x2 x2 x2 in 15 years
in total % 4.9 Global 4.6% Globally 8.2bn Globally per year traffic flow per year
2037 2037
m/yr. m/yr ) +550 +661 Local
1.9 trillion bln. 2.0% ( RPK 2.3% CAGR
In Europe per year In Europe per year International
Source: Lithuanian Airports, 2018 GROWTH IS ONLY GAINING MOMENTUM Projections by Aviation consultants, airlines and aircraft manufacturers
TOP 10 aircraft orders by European airlines
2036 x2 +23 470 in 20 years 281 70
225 47 Number of aircraft 23 530 Traffic Flows 146 39
In total 41 030 144 32 2036 37 390 in 20 years 133 Aircraft 57% 25 orders 23 470 will execute orders Aircraft demand
Source: Lithuanian Airports, 2018 2
What our competitors/neighbors do Planning to build new passenger terminals
RIX TLL WAW KRK
At the end of 2017, a tender In 2018 the initial plans for was launched for the 2018-2021 strategy: development of the airport visualization of the airport November 2018: master plan expansion of Tallinn Airport were launched. The terminal, with which Riga of Krakow Airport 2036 passenger terminal to be government is involved in Airport launched an approved
Plėtros planai Plėtros implemented in 2018-2024 the project of development ambitious airport terminal until 2027 development project
Sources: Riga Airport, 2019; Tallinn Airport, 2018; Warsaw Airport, 2018; Krakow Airport, 2018 2 What our competitors/neighbors do
7.2–8.4 100 m bn
12 m
10 m New airport 416 500 m 2020 m 2036 15.7 m 6 m 240 5.8 m 289 5 m m m 130 m 2020 120 m 2.7 m 2017 2017 2017 2017 2016–2024 2017- 2036 In 10 New 2017- In 20 2023 years airport 2019 years
Investment Capacity Investment Capacity Investment Capacity Investment Capacity (EUR) building (EUR) building (EUR) building (EUR) building
RIX TLL WAW KRK
Sources: Riga Airport, 2019; Tallinn Airport, 2018; Warsaw Airport, 2018; Krakow Airport, 2018 LITHUANIAN AIRPORTS 5 YEARS AFTER MERGER
+700% +89% +200% +600%
44 2018 4.4%. M EUR
2014 0.73%
RETURN ON ASSET (ROA) 15 22 M EUR M EUR 8.5 +42% M EUR 8.4 M EUR THOUSAND 8 2018 4.9 SQ. M 1.2 M EUR 0 M EUR M EUR THOUSAND 2014 3.6 SQ. M DIVIDENDS NET PROFIT NON-AVIATIONAL INCOMES INCOMES CATERING AND RETAIL SPACE
2014 2018 OVERVIEW OF AVIATION STATISTICS OF LITHUANIAN AIRPORTS 2014-2018
+42% +57% +59%
15.9 6.3 38 411 2014 61 162 2018 4.4 10.1
NUMBER OF FLIGHTS
80 99 2014 2018 82 92 2014 2018 2014 2018 2015 92 2017 NUMBER OF PASSENGERS, MILLION CARGO, THOUSAND T NUMBER OF ROUTES 2016 LTOU NETWORK STRATEGY
MAIN AIRPORT IN THE SECOND-LARGEST REGIONAL AIRPORT IN THE NETWORK AIRPORT IN THE NETWORK NETWORK • Airlines: traditional, low • Airlines: traditional, low cost, charter • Airlines: low cost, cost traditional (LOT), • Additional activities: • Additional activities: MRO, cargo, general charter (ITAKA) business and general aviation • Strategic MRO hub aviation • Generating the highest return Passenger numbers prognosis
PASSENGER- NUMBERS PROGNOSIS 2019-2034
VNO VNO capacity
KUN KUN capacity
PLQ PLQ capacity
LOU LOU capacity
Source: Lithuanian Airports, 2019 Efficient passenger-flow EXPANSION management at all three airports
Preparation for the STRATEGY STRATEGY PREPARATION construction of a new airport INCREASING CAPACITY AT VNO
New VIP terminal with Northern apron and new Expansion of waiting area conference center taxiway Z and preparation for a new Upgrade of taxiways central commercial area for and apron lease
T3 T4 T2 New Departures T1 terminal (modular concept)
Reconstruction of the central square
Multifunctional parking lot 11 INCREASING CAPACITY AT KUN
Terminal expansion (both sides) and interior reorganization Apron reconstruction
12 MRO (MAINTENANCE, REPAIR, OVERHAUL) EXPANSION AT KUN
Job positions: 250 300 50 100 100
Aircraft types: B737 A320/B737/other ATR M-8/M-17 A320/B737/other INCREASING CAPACITY AT PLQ
Apron and runway reconstruction Redevelopment of commercial areas
Terminal extension and repair
14 Cycles of infrastructure investments
Total VNO investment Development of the network by 2034 and preparation for the construction of a new airport
2019
VNO multi-storey parking lot construction Preparation of a master plan
KUN MRO Stage II 2020 KUN terminal 2019 reconstruction
Construction of VNO VIP terminal with event and conference center 2021 PLQ runway Master plan of the reconstruction Republic of Lithuania Construction of VNO Preparation of the cargo terminal special plan Reconstruction of VNO Changes in master plans of air navigation building Elektrėnai and Kaišiadorys KUN MRO Stage I 2022 VNO T1 reconstruction
2021 VNO T4, T3, T2 reconstruction 2024 Decision on a new airport Construction of 2025 a new airport
2024 Development of VNO parking lots 2030-2034 Development of the network by 2034 and preparation for the construction of a new airport Master plan of the Republic of Lithuania
Preparation of the special plan
Changes in master plans of Elektrėnai and Kaišiadorys
KUN terminal reconstruction Construction of VNO multi-storey parking lot KUN MRO Stage II VNO T1 reconstruction
2019 2021 2024 2030-2034
Construction of 2020 2022 2025 a new airport
Construction of VNO VIP terminal VNO T4, T3, T2 reconstruction Development of VNO parking lots with event and conference center Decision on a new airport PLQ runway reconstruction
Construction of VNO cargo terminal
Reconstruction of VNO air navigation building
KUN MRO Stage I
Preparation of the master plan @ – [email protected] – Marius Gelžinis