Who owns and manages privatized airports? compiled by Momberger Airport Information March 2012 Copyright © 2012 - Momberger Airport Information - www.mombergerairport.info Who manages airports? Page 2 Company Activities data compiled by Manfred Momberger photos by Martin Lamprecht Copyright © 2012 - Momberger Airport Information publisher: Martin Lamprecht e-mail: [email protected] Momberger Airport Information is the independent source of information for airport professionals around the world, published biweekly since 1973. It provides unbiased news free of advertising. The newsletter is published in a modular format that allows subscribers to put together their own newsletter package that matches their professional interest in the airport industry. Find out more at: www.mombergerairport.info Copyright © 2012 - Momberger Airport Information - www.mombergerairport.info Who manages airports? Page 3 Company Activities Who owns and manages privatized airports? compiled by Momberger Airport Information – includes historical data Company Activities ABB South Africa, Modderfon- Led a team for the BOT project of a new passenger terminal at Sharm el-Sheikh tein, South Africa Airport in Egypt; Led a consortium which built the Kruger Mpumalanga International Airport near Nelspruit in South Africa, which is owned and operated by ABB through its specialist airport management company, Primkop Airport Management (PAM); tried unsuc- cessfully to sell its 90% stake in PAM in spring 2004; Mbuyane community owns the remaining 10%. Through ABB Equity Ventures, owned 15% of OAMC (Oman Airports Management Company) which manages the Muscat (Seeb) and Salalah airports. Abertis Airports, Spain Owns 90% of the former TBI airports Belfast International, Cardiff, London- Fax: <34> (93) 230 5001 Luton (all in the U.K.), Orlando-Sanford (USA), Stockholm-Skavsta (Sweden), La Paz, Santa Cruz, and Cochabamba (Bolivia), and Barranquilla (Colombia); http://www.tbiairports.aero/abertis AENA owns the remaining 10% (see ACDL below); Group.php Has management contracts at Atlanta (for Concourse E and two regional airports, Burbank (Bop Hope Airport), and Raleigh-Durham (all USA); in Bogotá (Colombia), (resulting from the merger in 2003 where it built one and manages and maintains two runways via the operator Codad, of Acesa and Áurea, which led to of which it owns 85%; one of the leading infrastructures Acquired 100% of DCA, the holding company in 2007 with stakes in 15 airports groups in Europe by market capi- formerly owned by ACS in Mexico (through stakes in AMP and GAP), Jamaica talization that now operates 31 (through a 74.5% stake in MBJ Airports Ltd), Chile (through a 14.77% stake in SCL) airports; airport business repre- and Colombia (through a stake in Aerocali); sents the third largest source of Provided consultancy services on projects at Miami International Airport and the revenue of the Abertis Group) future Castellón Costa Azahar airport in Spain. ACDL (Airport Concessions & Acquired a 92.88% stake in TBI plc and its airport portfolio in 2004; plans to ac- Development Ltd), Spain quire the remaining 7.12% through a permanent buy order in the open market at (90% Abertis; 10% AENA) the same price; ACSA - Airports Company South Managed Pilanesberg Airport (since 1998) near Sun City under a 35-year conces- Africa, South Africa sion in addition to its own nine airports (including Johannesburg, Cape Town, and Fax: <27> (11) 453 9354 Durban); the Pilanesberg concession was handed back to the North West province (owned 75.78% by the Ministry of in 2011. Transport, 20% by Aeroporti di Member in a consortium led by India’s GVK Group to manage and develop Mumbai Roma (now sold to the local PIC) International Airport and Bengaluru International Airport in India (the pri- and by private investors) vate investors own 74%, Airports Authority of India 26% of a joint company). Holds 10% of the Invepar-ACSA consortium, which includes the Brazilian Invepar (90%) - an association between construction company OAS and civil servant pen- sion funds - and ACSA to operate São Paulo’s Guarulhos Airport. Concession awarded in February 2012. Copyright © 2012 - Momberger Airport Information - www.mombergerairport.info Who manages airports? Page 4 Company Activities ACV - now Airport Consulting Founded in 1992, Airport Consulting Vienna GmbH was a subsidiary of Vienna In- GmbH, Austria ternational Airport until 2001. Now the company is privately owned and is one of (until 2001, Airport Consulting the world’s five leading international airport privatization consultancies. ACV has Vienna (ACV) was 50% owned by been successfully involved in over 100 airport consulting projects and international Vienna Airport) airports projects and over 70 airport privatizations during the past twenty years. ACV exerted its strengths with regards to the transfer of management know-how in Airport Consulting Invest- several projects in regions such as the Ukraine, Russia and Turkey. This expertise ments Ltd, Cyprus was the key for Alfa to choose ACV from a large number of competitors in order to (equity investment arm of ACV) play a special role in the preparation of the offer and in the organization of the Management Contract for Moscow-Sheremetyevo Airport. Further information is available at www.a-c-v.aero ADA - Administration of Air- The Sino-Portuguese joint-venture of CNAC (Macau) Aviation Ltd (51%) and ANA - ports Ltd, Macao, China Aeroportos de Portugal (49%) which signed a 15-year service contract with CAM - Sociedade do Aeroporto Internacional de Macau in 1994; in 2011, ANA sold its 49% stake in CAM (holding the concession for Macao Airport) and its operating subsidiary ADA to China National Aviation Corporation (CNAC). ADC (Airport Development Held a 34% stake in the company that managed Terminal 2/B at Budapest-Ferihegy Corporation), Toronto, Canada Airport until 31 Dec. 2001; since January 2002, by unilateral Hungarian government decree, the ownership and management of this project reverted back to the Hun- www.adccanada.com garian State. The Canadian Government selected ADC, to privately finance, design, develop, construct, own and operate Toronto Pearson’s Terminal 3, representing the first privatization project of its kind in North America. T3 opened in 1991. Together with Houston Airport System’s HAS Development Corporation holds a 34% stake in Quiport, the company that manages Quito ‘Mariscal Sucre’ Airport in Ecua- dor and builds Quito’s future airport; together with HASDC and Andrade Gutierrez (48.75% stake each) manages San José’s ‘Juan Santamaria Airport’ in Costa Rica and holds a 45% stake in the Coriport consortium, which manages Liberia Airport, also in Costa Rica. ADI – Airport Development & Investment vehicle set up to acquire BAA; jointly owned by Spain’s Ferrovial Infra- Investment (Holdings) Ltd structures S.A., Canada’s Caisse de Dépôt et de Placement du Quebec,and the Sin- gapore Government’s private equity investment arm GIC Special Investments Pte Ltd. ADM Capital Inc., Canada Was a member of a consortium that oversaw the financing, construction and opera- (owned by ADM - Aéroports de tion of the new terminal at Budapest Airport; Montréal) Won the concession for the Vatry cargo airport in France as a member of the Fax: <1> (514) 394-7356 S.E.V.E. consortium formed with SNC-Lavalin of Canada, Keolis, Sogaris, Pingat, Iénair, and the CCIs of Reims/Epernay, Chalons-en-Champagne and Troyes of France; holds 23.3% of S.E.V.E. (see there) ADM decided in October 2000 to focus on its primary mission to manage and de- velop its two international airports in Montreal, Dorval and Mirabel. Its two subsidi- aries, ADM International and ADM Capital, are not active any more as they are not pursuing new ventures, although they will honour their existing contracts. Copyright © 2012 - Momberger Airport Information - www.mombergerairport.info Who manages airports? Page 5 Company Activities ADP Management, France Aéroports de Paris Management operates directly or provides consulting services to Fax: <33> (1) 4975 3290 some 30 airports throughout the world. Parent ADP owns and operates 10 airfields and one heliport in the Paris region and hholds 8% of the stock of the Schiphol www.adpmanagement.com Group (cross ownership, with Schiphol group holding an equivalent stake in ADP). ADP Management had a 34% stake in Aéroports du Caméroun (ADC), which (airport management holding com- manages three international and four provincial airports in Cameroon; the stake has pany established in 1990, now since been acquired by the Government of Cameroon. wholly-owned by Aéroports de Holds a 34% stake in Aéroports du Madagascar (ADEMA), which manages Paris; the former partner was twelve airports in Madagascar; Vinci) Partner in SOGEAC (29% stake) which runs Conakry Airport in Guinea under a five-year concession and Kan Kan Airport; Operates Phnom Penh-Pochentong and Siem Reap in Cambodia under a 25- year contract as a majority partner (60%) of CAMS, which also provides ground- handling services at the airports; Acquired a 25% stake in SAB S.A., the operating company of Liège Airport (now Liege Airport S.A.) in Belgium, specializing in air freight and charter flights; Operating partner with a 25.5% stake in Mexico's Grupo Centro Norte airport privatization through Operadora Mexicana de Aeropuertos (OMA), together with Empresas ICA (74.5%); Together with Vinci acquired 10% of the shares of Beijing Capital International Airport (BCIA) when 35% of the latter's shares were floated on the Hong