Airports outside the UK
BAA has a number of airport interests outside the UK.
Airport management
Budapest Airport
In 2006, passenger numbers grew by 4.2% to 8.3 million* and Budapest saw the launch of numerous new destinations and services, helping to achieve underlying revenues of £151 million and underlying operating profit of £24 million. Following the acquisition of BAA, the company’s strategy is now to focus solely on UK airports. Consequently, Budapest Airport was sold to a consortium led by Hochtief for £1,309 million in June 2007.
Naples
Naples Airport will look back on 2006 as a year in which targets were exceeded and records set.
Passenger numbers rose 11.1% to over 5 million*, while underlying revenue was £28 million and underlying operating profit was £5.6 million. The airport also made good progress with its vast master plan expansion.
Melbourne International
The airport handled nearly 22 million* passengers, an increase of 3.4%. International passenger numbers have grown faster at Melbourne than at any other major Australian airport.
Perth International Airport
Perth International Airport has been enjoying steady growth in recent years and 2006 was no exception. Passenger traffic continued to rise to 7.5 million* passengers, up 13.1%.
Launceston Airport
Tasmania’s main airport saw passenger numbers increase by 8.4% to 949,500*.
Northern Territories Airports
Darwin International Airport handled just over 1.4 million* passengers in 2006, an increase of 12.7%, Alice Springs welcomed 543,000 passengers through its doors, while Tennant Creek Airport continued to provide an important link for mining companies and small aboriginal communities.
Indianapolis International Airport
In 2006, passenger numbers fell by 5.0% to 8.1 million*, largely due to a capacity reduction on domestic services by US carriers. However, the airport completed negotiations with FedEx for a three-phase expansion of its cargo operation. We have now negotiated an end to this management contract (where no equity stake is in place) and will cease our involvement by the end of 2007.
Airport retail management
Baltimore Washington International Airport
The airport handled 21.2 million* passengers during 2006, up 4.9%. BAA’s retail management contract, which comprises over 11,000 square metres, continues to perform strongly. This was endorsed in February when the airport won ‘Best Concession Programme’ for medium-sized airports by Airport Revenue News.
Boston Logan Airport
Boston had 27.7 million* passengers through its doors in 2006, up 2.4%. Working closely with Massachusetts Port Authority, BAA manages over 5,500 square metres of retail space.
Pittsburgh International Airport
BAA manages over 8,000 square metres of retail space. Despite passenger numbers falling just below the 10 million* mark, down 4.7% on 2005, the airport’s retail revenue held up well with an average spend per departing passenger of US$13.21.
* 12 months to 31 December 2006.
