A new phase of its history
2016 marked a turning point in the history of Aéroports de la Côte d’Azur
A change in the Group’s shareholders: the consortium Azzurra now holds 64% of the capital in Aéroports de la Côte d'Azur. The consortium is made up of the following companies: Atlantia (65.01% of company shares), Aeroporti di Roma (10%) and Électricité de France via EDF Invest (24.99%). Conscious of just how outstanding an asset Aéroports de la Côte d’Azur is, the consortium has pledged to foster the development of the Group and the regions where it carries out its business.
This year, Commercial Aviation put in its best performance ever despite the international and national contexts being marked notably by the Bastille Day terrorist attack in Nice, Brexit, and strikes. Growth was mainly driven by European destinations and solid progress on domestic routes.
As our strong network and our competitive prices offer the best guarantee of future growth, Aéroports de la Côte d’Azur has devised a Regional Competitiveness Pledge, enshrining lower airport fees for airlines over several years. This is the only incentive of its type in France. It transfers the airlines’ risks to the airport, enabling them to expand their services out of Nice in optimum conditions. The Group now wishes to officialise this commitment by signing an Economic Regulatory Contract with the French government – a contract that determines the conditions for increasing aeronautical fees.
Nice Côte d’Azur Airport has become a venue for socialising and enjoying new experiences. The ambitious programme to transform our terminals is almost complete, demonstrating our commitment to creating “the most amazing retail experience at a European airport”. Terminal 1 has inaugurated its revamped passenger experience. Every step of the way has been carefully thought out with each and every passenger in mind: centrally-located security screening, legendary brands, and eateries epitomising creativity and excellence. They all combine to showcase the Côte d’Azur brand and the airport’s DNA. Terminal 2, meanwhile, is finalising its metamorphosis. It, too, will offer passengers a unique and sensational experience.
General Aviation, the second pillar of our Group, also had an outstanding year, shored up by excellent Business Aviation results and booming helicopter business. Our FBO, Sky Valet, continued its international expansion, setting up in the main airports in mainland Portugal, on the key islands of Madeira, the Azores and Cape Verde, and all the way to Africa with Mozambique and Angola.
Aéroports de la Côte d’Azur is firmly anchored in its region. The Group supports major infrastructure projects deployed by local authorities, such as investing 12.6 million euros in the east-west tram line that will dramatically change life at Nice Airport from as early as 1 January 2019. 2016 was marked by the unveiling of the successful tender for the first phase of Airport Promenade, a large-scale property development that will be superbly located at the gateway to the city by 2020.
And let’s not forget the solid foundations of our innovative environment policy. Nice was the 1st airport in France and the 25th in the world to reach the highest level (3+) of Airport Carbon Accreditation.
Such a wealth of progress reinforces our Group’s positive role within the social and economic fabric of its region, and places Nice among Europe’s most exemplary airports.