Teams complete acquisition of Lyon and Nice airports
The consortium consisting of VINCI Airports, the Caisse des Dépôts (CDC) and Crédit Agricole Assurances has finalized the acquisition of Lyon and Nice airports.
More concreteley, the consortium has acquired the 60% of the capital of Aéroports de Lyon (ADL), a company that has a concession agreement valid until 31 December 2047 for the airports of Lyon Saint-Exupéry, the second largest regional French airport, and of Lyon Bron.
As the majority shareholder, the consortium will ensure the development of these two hubs, which in 2015 handled more than 8.7 million passengers.
The consortium will support and encourage the airports' growth in traffic and development, to exceed 15 million passengers by 2032. It will also offer the best quality of service, in line with clients’ expectations and maintain an exemplary environmental performance.
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.
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