New Edinburgh airport owner targets point-to-point long-haul connections

BTN News
Monday, 01 July 2024

The new majority shareholder of Scotland’s Edinburgh airport - Vinci Group, which controls more than 70 airports in 14 countries - already is talking about investment targeting long-haul routes including China.

 

Global Infrastructure Partners sold Vinci a 50.01 per cent stake in Edinburgh in a deal worth £1.27 billion.
 
Nicolas Notebaert, the Vinci president, said he aims to develop long-haul 'point to point' destinations such as in China, which he said is "clearly a good target".
Vinci currently has airports in Japan, Cambodia, Mexico, Chile, Brazil and the US as well as France, Portugal, Hungary and elsewhere.
 
Notebaert said Scotland is "unique" and "open to the world" - both high value factors in the buy decision.
 
"It is a commitment to Scotland, an investment, a positive signal (and) we are very happy to invest here.
 
"We see value in the people, we see value in the project, we see value in the brand," he said.
Gordon Dewar, Edinburgh Airport chief executive said his team already was making progress with Japanese, Cambodian and Chinese connectivity, "but I am sure we can do more".
 
Edinburgh expects to welcome more than 15 million passengers this year, up from 14.4 million passengers last year. It wants 20 million passengers by 2030.

New Edinburgh airport owner targets point-to-point long-haul connections

BTN News
Monday, 01 July 2024

The new majority shareholder of Scotland’s Edinburgh airport - Vinci Group, which controls more than 70 airports in 14 countries - already is talking about investment targeting long-haul routes including China.

 

Global Infrastructure Partners sold Vinci a 50.01 per cent stake in Edinburgh in a deal worth £1.27 billion.
 
Nicolas Notebaert, the Vinci president, said he aims to develop long-haul 'point to point' destinations such as in China, which he said is "clearly a good target".
Vinci currently has airports in Japan, Cambodia, Mexico, Chile, Brazil and the US as well as France, Portugal, Hungary and elsewhere.
 
Notebaert said Scotland is "unique" and "open to the world" - both high value factors in the buy decision.
 
"It is a commitment to Scotland, an investment, a positive signal (and) we are very happy to invest here.
 
"We see value in the people, we see value in the project, we see value in the brand," he said.
Gordon Dewar, Edinburgh Airport chief executive said his team already was making progress with Japanese, Cambodian and Chinese connectivity, "but I am sure we can do more".
 
Edinburgh expects to welcome more than 15 million passengers this year, up from 14.4 million passengers last year. It wants 20 million passengers by 2030.