Latest news with #VINCIAirports
Daily Record
13-07-2025
- Business
- Daily Record
Scotland's airports cashing in this summer with 'outrageous' drop-off charges
Experts said pick-up and drop-off fees at terminals, branded the 'kiss and fly tax', are a 'cash grab' and a relatively recent phenomenon. Scotland's biggest airports are cashing in this summer by charging holidaymakers 'outrageous' drop-off parking charges despite already raking in millions of pounds. Experts have said pick-up and drop-off fees at terminals, branded the 'kiss and fly tax', are a relatively recent phenomenon and are 'an easy cash grab' for airports. Both Edinburgh and Glasgow airports have already raised drop-off charges this year. Now motorists who use a short-stay zone to drop off or collect loved ones at Edinburgh face having to fork out £6 for just ten minutes while those stopping at Glasgow have 15 minutes. The price hikes come despite the latest available accounts for Glasgow Airport, which is owned by AGS, showing it made a profit after tax of more than £4.6m. Meanwhile Edinburgh, which is jointly owned by VINCI Airports and Global Infrastructure Partners (GIP) raked in more than £88.2m. Edinburgh-based consumer and motoring disputes expert Scott Dixon said the fees had become a 'lucrative cash cow for airports '. He said: 'Forcing motorists to pay up to £6 to pick up or drop off family and friends is outrageous, especially as the fees seem to rise yearly with no genuine justification. 'It hits families the hardest, particularly in peak summer holiday season, where using public transport isn't a viable option. 'The fees are generally added to taxi fares, so there's no easy way to avoid it.' Dixon, who runs the Complaints Resolver website, added: 'Airports claim it's about managing congestion and investing in sustainable transport options, but in reality, it's an easy cash grab that punishes drivers for doing what they did for free until a few years ago.' Airports began phasing in the charges after the Glasgow Airport terrorist attack in 2007 forced a rethink of drop-off arrangements. At Edinburgh, Scotland's largest airport, a £1 drop-off fee was introduced in 2010. But in January the charge had soared to £6 for the first ten minutes and £1-per-minute after that. In Glasgow, it's £6 for the first 15 minutes and £1-a-minute after. It marks the third year running the airport has raised the cost. The cost to park at the airport's short-stay fee is £8 for 20 minutes, which is 50 pence higher than London Heathrow. Aberdeen Airport, also run by AGS, has so far kept drop-off fees at £5.50 for the first 15 minutes after raising it in 2024. However, in April it hiked rates in its short-stay car parks to £7 for the first 20 minutes. The RAC's Rod Dennis said: 'A further hike in the cost of drop-off parking at Scottish airports will be frustrating to anyone giving a lift to family and friends.' Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. Glasgow, Edinburgh and Aberdeen airports said they offered free pick-up and drop-off areas further away from their main terminals. Edinburgh Airport is also linked to the capital's tramline. A spokesman said: 'We do increase costs when required to allow us to remain competitive… and encourage people to make more sustainable choices, with 42 per cent of our passengers now using public transport.' Glasgow Airport said: 'All of the income generated by the charge is reinvested into the airport.' Aberdeen International Airport said the increase in its short-stay charge followed a review of parking facilities, adding: 'There are no changes to our free drop-off facility… in our long-stay car park.'
Yahoo
30-06-2025
- Business
- Yahoo
Publication of the Toolbox VINCI Concessions
Nanterre, 30 June 2025 Publication of the Toolbox VINCI Concessions VINCI announces the publication of its 'Toolbox VINCI Concessions' on its website: Annual reports and presentations | VINCI This presentation, which is primarily intended for investors, summarises the main financial and operational data of: the airports of VINCI Airports's network; the main companies of VINCI Highways. 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, above and beyond economic and financial results, 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_Publication Toolbox Concessions_30 06 2025_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
Yahoo
17-06-2025
- Business
- Yahoo
VINCI Autoroutes and VINCI Airports traffic in May 2025
Nanterre, 17 June 2025 VINCI Autoroutes and VINCI Airports traffic in May 2025 I- Change in VINCI Autoroutes' intercity networks traffic May YTD at the end of May (5 months) % change 2025/2024 % change 2025/2024 VINCI Autoroutes -3.3% +1.2% Light vehicles -3.7% +1.3% Heavy vehicles -0.8% +0.6% The decline in VINCI Autoroutes' May traffic is mainly due to calendar effects. In particular, light vehicle traffic was penalized by the positioning of the end of the Ascension weekend and the Pentecost weekend, in June this year instead of May in 2024. Since the beginning of the year, traffic levels have risen (+1.2%) for both light and heavy vehicles. II- Change in VINCI Airports passenger traffic1 May YTD at the end of May(5 months) % change 2025/2024 % change 2025/2024 VINCI Airports +5.3% +6.7% Portugal (ANA) +5.8% +4.6% United Kingdom +0.5% +2.3% France -2.2% +4.7% Serbia +4.6% +3.6% Hungary +16% +17% Mexico (OMA) +7.3% +11% United States of America -4.7% -0.8% Dominican Republic (Aerodom) -16% -13% Costa Rica -5.7% +1.9% Chile (Nuevo Pudahuel) +1.6% +5.1% Brazil +12% +9.8% Japan (Kansai Airports) +13% +13% Cambodia (Cambodia Airports) +20% +21% Cabo Verde +17% +17% 1 Data at 100%, irrespective of percentage held, including airport passenger numbers over the full period Passenger traffic in VINCI Airports' network rose by more than 5% in May. Strong growths were particularly noteworthy in the airports of Portugal, Japan, Mexico and Budapest. III- Change in VINCI Airports commercial movements (ATM)2 May YTD at the end of May(5 months) % change 2025/2024 % change 2025/2024 VINCI Airports +5.5% +6.5% Portugal (ANA) +4.7% +3.6% United Kingdom +1.0% +2.8% France -3.3% +3.1% Serbia +6.3% +2.6% Hungary +15% +14% Mexico (OMA) +7.0% +10% United States of America +26% +29% Dominican Republic (Aerodom) -19% -16% Costa Rica +2.8% +1.3% Chile (Nuevo Pudahuel) -1.6% +1.7% Brazil +8.9% +5.9% Japan (Kansai Airports) +9.1% +7.9% Cambodia (Cambodia Airports) +7.8% +18% 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_traffic may 2025_20250617_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
The Herald Scotland
06-06-2025
- 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.'
