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The Herald Scotland
6 days ago
- Business
- The Herald Scotland
Edinburgh Airport chief reveals £1.6 billion lift and hopes
And Mr Dewar declared: 'It is obvious that airports are profoundly important for local economies, particularly island economies such as ours. I am a geographer by background. I am a transport operator my whole career.' He also underlined the attractiveness of Edinburgh as a destination for overseas visitors. And he flagged the lift Edinburgh Airport provided to the tourism sector, and vice-versa. Mr Dewar highlighted his confidence that Edinburgh Airport would handle more than 16 million passengers this year, setting another all-time high to exceed the record of 15.78 million it achieved in 2024. In 2012, the year in which he took up the top job at the airport, the passenger total was 9.19m. Mr Dewar said: 'We are confident we will exceed 16 million this year. We have a number in mind. We are currently advising our shareholders. 'We will definitely have a record year. I would hope to outperform even the [figure] we have shared with our shareholders. We are ahead of our forecasts in the first four months of the year.' Edinburgh Airport was estimated in a 2020 report by Biggar Economics to have contributed £1.4bn to the economy on the gross value added (GVA) measure in 2019 - a year in which it exceeded 14m passengers. Noting the economic contribution amounted to around £100 per passenger, Mr Dewar said of the current position: 'We should be up to £1.6bn of GVA or a bit higher, if my rule of thumb works.' He said: 'You can sort of do the maths. That ratio won't have changed much. The reason I say that with much confidence [is] the only thing that would change that would be if there was a substantial mix change.' Highlighting improvements in the mix of passenger traffic from an economic contribution perspective, Mr Dewar added: 'The ratio of international [traffic] we have is higher. All the growth is international. We have increased our proportion of inbound. The American routes - they tend to be stronger inbound demand than other…routes.' He flagged the various components of the economic contribution of Edinburgh Airport - which has been majority-owned by Paris-based VINCI Airports since last year - as well as the fact that the benefits flow well beyond the city. Mr Dewar said: 'Obviously, there is a direct spend [with] tourism, a direct economic contribution, essentially an export market.' He also highlighted people using the airport to travel to universities and the importance of connectivity for 'people doing business and selling goods or selling services'. While observing the economic contribution was 'focused in the central belt and around Edinburgh', he highlighted the fact that the benefits of tourism through the airport were felt 'on Skye, in the Outer Hebrides, in the Borders and so on'. Flagging Edinburgh Airport's provision of some services not available elsewhere, he said: 'We are called Edinburgh Airport but we are Scotland's airport.' Read more: Highlighting growth ambitions, Mr Dewar said: 'The only question is how far can we go, how fast can we go. 'We work on a pipeline of 50, 60, 70 routes a year, confident we will get between five and 20 of them. What we see is all the things that are driving the value of Edinburgh, certainly in relative terms.' He added: 'The economy of Edinburgh is doing better than most of the non-London UK.' Mr Dewar also flagged outperformance in tourism and student development. He also highlighted the part that the airport could play in social inclusion. Mr Dewar said: 'How do we tap into communities that have maybe struggled before?' He added that the airport needed that workforce for the future. Asked about social inclusion, he replied: 'The positives are largely driven by the career opportunities at the airport. I don't mean just us. We have a very large campus – people have built a career at the airport.' He highlighted the fact that the airport campus was somewhere people could 'come without a degree…and build a career'. Mr Dewar noted that people could move into senior roles from such a start at the airport campus, highlighting the variety of jobs on offer. He declared: 'We have a really good opportunity to do that.' Mr Dewar said the airport prided itself on the number of opportunities it offers for people joining from school or as graduates from universities, and its provision of internships and apprenticeships. He added: 'They have ended up building a career here.' Noting the many different jobs provided by Edinburgh Airport itself, he said: 'We have everything from car park drivers to security officers to accountants to finance people to analysts. It is an incredibly diverse business.' Mr Dewar noted the Scottish tourism market is 'facing into a new challenge', with cost pressures, adding: 'They need high-value demand.' He highlighted the good job being done by tourism providers and the fact that Scotland was 'still growing that market as a country'. Mr Dewar noted that international tourists generally had to arrive in Scotland by air. He said that, apart from domestic tourists, 'everyone else, [from] Europe, Americans, Asians, is flying', observing: 'They might come here via London.' Highlighting the importance of the airport winning new routes and services, Mr Dewar added: 'The more we can connect and the easier we can make these connections, the better chance Scottish tourism has in attracting people to spend their money.' He observed that, in terms of tourism from America, Scotland has the 'best numbers' it has ever had. Mr Dewar added: 'Not only are they coming in greater numbers but they are staying longer.' Edinburgh Airport has enjoyed significant success in winning direct North American flights in recent times. Mr Dewar highlighted the fact that more direct flights from the US meant Americans might now - instead of travelling through London and spending four or five days of a two-week holiday in Scotland as they did previously - now land in and fly from Scotland and spend the 'whole fortnight' in Scotland. He declared: 'All of these things are good news, tapping into the [American market].' Mr Dewar said of Edinburgh: 'It is an iconic destination, in its own right: the castle, whether you are into Harry Potter, whether you have Scottish connections or not, it is one of those iconic cities, the Festival. 'Landing in Scotland and seeing the rest of the country is seen as very accessible.' Mr Dewar highlighted the strong growth enjoyed by Edinburgh Airport. He said: 'We were already one of the fastest-growing airports in Europe pre-Covid. We were then one of the fastest-recovering airports in Europe post-Covid. There are many airports haven't got back to 2019 levels yet. We are way ahead of that.' In terms of growth among European airports, Mr Dewar added: 'We might not always be best all the time but we are going to be in the upper quartile for the foreseeable future…within Europe.' He observed 'the Indian market is pretty hard to beat at the moment' in terms of the growth of airports.
Travel Daily News
27-05-2025
- Business
- Travel Daily News
American Airlines resumes Edinburgh to Philadelphia route
American Airlines resumes Edinburgh-Philadelphia flights, restoring all pre-COVID transatlantic routes and expanding Edinburgh Airport's U.S. connectivity. American Airlines has returned to Scotland's busiest airport as its summer service between Edinburgh and Philadelphia resumed from Saturday 24 May, 2025. The service will operate from 24 May until 5 October and will be served by a Boeing 787-800 aircraft – and will see the airline return to Scotland's capital for the first time since 2019. The resumption of the Philadelphia flight sees Edinburgh Airport reconnect to all of its pre-Covid transatlantic routes, with even more additions also being made to the schedule. The airport, part of the VINCI Airports network, leads the way in direct North American connectivity from Scotland and is committed to expanding its transatlantic connectivity with even more routes where possible. Gordon Dewar, Chief Executive at Edinburgh Airport, said: 'We are thrilled to see American Airlines back at Edinburgh for the first time since 2019. The return of the Philadelphia route not only strengthens our transatlantic connectivity but also marks a significant milestone as we reconnect with all of our pre-Covid transatlantic routes as well as adding even more connections since then. 'It's a clear sign of growing confidence in international travel, and Edinburgh as a prosperous hub for it. We're glad to be offering even more choice to passengers looking to explore both Sotland and the US.' José A. Freig, Vice President of International Operations said: 'After almost six years away, we're excited to return to Edinburgh. While many of our customers look for sunny seaside escapes over summer, they also want to explore cities steeped in culture and history — both of which Edinburgh and Philadelphia offer in spades. 'With this route, our customers in Scotland will have access to our premier hub in Philadelphia, from where they can connect to more than 120 destinations in the U.S and beyond.'
Edinburgh Reporter
24-05-2025
- Business
- Edinburgh Reporter
Philadelphia route begins again at Edinburgh Airport
Edinburgh to Philadelphia route resumes. American Airlines has returned to the capital as its summer service between Edinburgh and Philadelphia resumed on Saturday. The service will operate from 24 May until 5 October and will be served by a Boeing 787-800 aircraft – and will see the airline return to Scotland's capital for the first time since 2019. The resumption of the Philadelphia flight sees Edinburgh Airport reconnect to all of its pre-Covid transatlantic routes, with even more additions also being made to the schedule. The airport, part of the VINCI Airports network, leads the way in direct North American connectivity from Scotland and is committed to expanding its transatlantic connectivity with even more routes where possible. Gordon Dewar, Chief Executive at Edinburgh Airport, said: 'We are thrilled to see American Airlines back at Edinburgh for the first time since 2019. 'The return of the Philadelphia route not only strengthens our transatlantic connectivity but also marks a significant milestone as we reconnect with all of our pre-Covid transatlantic routes as well as adding even more connections since then. 'It's a clear sign of growing confidence in international travel, and Edinburgh as a prosperous hub for it. We're glad to be offering even more choice to passengers looking to explore both Sotland and the US.' José A. Freig, Vice President of International Operations said: 'After almost six years away, we're excited to return to Edinburgh. While many of our customers look for sunny seaside escapes over summer, they also want to explore cities steeped in culture and history — both of which Edinburgh and Philadelphia offer in spades. 'With this route, our customers in Scotland will have access to our premier hub in Philadelphia, from where they can connect to more than 120 destinations in the U.S and beyond.' Like this: Like Related
Yahoo
20-05-2025
- Business
- Yahoo
VINCI Autoroutes and VINCI Airports traffic in April 2025
Nanterre, 20 May 2025 VINCI Autoroutes and VINCI Airports traffic in April 2025 I- Change in VINCI Autoroutes' intercity networks trafficApril YTD at the end of April (4 months)% change 2025/2024 % change 2025/2024 VINCI Autoroutes +3.9% +2.6% Light vehicles +4.8% +2.9% Heavy vehicles -1.1% +0.9% In April, traffic across all vehicle categories rose by almost 4% : the positioning of the Easter weekend1 was favorable for light vehicle traffic (+5%), but unfavorable for heavy goods vehicle traffic (-1%).2 Overall, since the beginning of the year, traffic is up (+2.6%) for both light and heavy vehicles. 1 entirely in April this year, unlike 2024. 2 due to the Spanish public holidays preceding Holy Week. II- Change in VINCI Airports passenger traffic1April YTD at the end of April(4 months)% change 2025/2024 % change 2025/2024 VINCI Airports +9.4% +7.1% Portugal (ANA) +8.1% +4.1% United Kingdom +3.7% +2.9% France +9.9% +7.0% Serbia +11% +3.3% Hungary +20% +17% Mexico (OMA) +19% +12% United States of America +5.1% +0.4% Dominican Republic (Aerodom) -11% -12% Costa Rica +5.2% +3.2% Chile (Nuevo Pudahuel) +2.3% +5.8% Brazil +15% +9.4% Japan (Kansai Airports) +15% +13% Cambodia (Cambodia Airports) +17% +21% Cabo Verde +22% +17% 1 Data at 100%, irrespective of percentage held, including airport passenger numbers over the full period Passenger traffic at VINCI Airports showed a marked acceleration in April (+9.4% overall), in almost all countries in the network. The acceleration was particularly strong in Portugal, Serbia, Hungary, Mexico and Japan. III- Change in VINCI Airports commercial movements (ATM)2April YTD at the end of April(4 months)% change 2025/2024 % change 2025/2024 VINCI Airports +8.1% +6.8% Portugal (ANA) +5.9% +3.2% United Kingdom +2.5% +3.4% France +5.8% +4.9% Serbia +6.1% +1.5% Hungary +14% +14% Mexico (OMA) +12% +11% United States of America +36% +31% Dominican Republic (Aerodom) -14% -15% Costa Rica +5.2% +1.0% Chile (Nuevo Pudahuel) -2.5% +2.5% Brazil +7.6% +5.2% Japan (Kansai Airports) +11% +7.5% Cambodia (Cambodia Airports) +17% +21% Cabo Verde +23% +19% 2 Data at 100%, irrespective of percentage held, including commercial movements over the full period About VINCIVINCI is a world leader in concessions, energy solutions and construction, employing 285,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI's ambition is to create long-term value for its customers, shareholders, employees, partners and society in general. This press release is an official information document of the VINCI Group. PRESS CONTACTVINCI Press DepartmentTel: +33 (0)1 57 98 62 CP VINCI_trafic april 2025_20250520_VAError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Travel Daily News
19-05-2025
- Business
- Travel Daily News
Icelandair lands at Edinburgh for the first time
Icelandair launches first-ever Edinburgh service from September 2024, offering direct Iceland access and transatlantic connections with up to four weekly flights. Icelandair will land at Edinburgh Airport later this year for the first time ever as the airline becomes the latest addition in the capital. Icelandair will operate the Edinburgh to Reykjavik service from September to April, flying up to four times a week between Keflavík International Airport and Edinburgh Airport, now part of the VINCI Airports network. The new service provides direct connectivity to Iceland's capital city, as well as onward transatlantic connections, opening the option for passengers to add a stopover in Iceland at no additional airfare. It will operate on a Boeing 737 MAX 8, with economy and premium cabin options, and the first flight will launch on Friday 12 September. Gordon Dewar, Chief Executive of Edinburgh Airport said: 'We are delighted to be welcoming another new airline to Edinburgh Airport, especially as this is some-thing we have been working on for several years. Providing more connections from Scotland's busiest airport is what drives us, and Icelandair provides fantastic direct connectivity to Reykjavik as well as its strong onward connectivity to countries like Canada and the USA. This is another fantastic show of confidence in Edinburgh Airport, our market, and the clear demand for travel, and we look forward to seeing the Icelandair tailfin arrive here in September.' Bogi Nils Bogason, Icelandair president and CEO said: 'We are very excited to add Edinburgh to our network, particularly in our 80th year of flying from Scotland. Not only will this give the people of Edinburgh and surrounding areas the opportunity to visit Iceland and other great destinations on our network, but it will also allow more access to the beautiful capital of Scotland. Our network now spans more than 60 destinations, and travellers can make the most of their journey by taking advantage of our stopover programme, enjoying a stay in Iceland along the way.' Minister for Connectivity Jim Fairlie commented: 'I welcome the announcement of Icelandair's new service between Edinburgh and Keflavik International Airport, further strengthening our connectivity to Iceland's capital and its access to onward destinations like the USA and Canada. This will provide additional connectivity for Scottish business and help grow the economic benefits of our tourism sector by giving inbound travellers more choices when it comes to planning travel to Scotland. This announcement is also a demonstration of Icelandair's continued commitment to Scotland in a highly competitive environment.' In September / October / April – it will be on Tuesdays, Thursdays, Fridays and Sundays, departing Keflavik at 10:00 and arriving to EDI at 13:20 and then departing Edinburgh at 14:15 and arriving to Keflavik at 15:50. In Winter (November – March) – it will be on Tuesdays, Thursdays, Fridays and Sundays, departing Keflavik at 08:00 and arriving to EDI at 10:20 and then departing Edinburgh at 12:20 and arriving to Keflavik at 14:55. It will reduce to 3x weekly in January – mid February.
