Aéroports de Paris - 2019 Universal registration document
REAL ESTATE ASSETS AND FACILITIES
BUSINESS OVERVIEW
PERSONS RESPONSIBLE FOR THE UNIVERSAL REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT
STATUTORY AUDITORS
RISK AND MANAGEMENT
INFORMATION ON THE COMPANY
ORGANISATION CHART
REVIEW OF THE FINANCIAL POSITION AND INCOME
EQUITY AND CASH FLOWS
INFORMATION CONCERNING TRENDS
Paris-Le Bourget
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Description of the airport Located seven kilometres north of Paris and covering 553 hectares, Paris-Le Bourget is the largest business airport in Europe. It has three runways and aircraft parking areas that enable it to handle all types of aircraft, up to the Airbus A380. Paris-Le Bourget is also an important aeronautics industry centre: around 30 buildings host nearly 100 aircraft maintenance, equipment and fitting companies and aeronautical services. Companies set up at the site account for over 3,500 direct employment in the areas of operations, maintenance, services and even culture with the Musée de l’Air et de l’Espace (Air and Space Museum), which celebrated its 100 th anniversary in 2019 and the Galerie d’art Gagosian (Gagosian Gallery), opened in October 2012, and the proposed construction of an art conservation centre. After an increase of +3.6% between 2017 and 2018, the number of aircraft movements stood at 54,646 in 2019, down -4.6% compared to 2018, which was an exceptional year. 2019 also saw the 53 rd Paris Air Show with 2,453 exhibitors from 49 countries, 140 aircraft presented in static and in-flight modes, and 316,470 visitors. The airport has been involved in a massive modernisation and growth plan for many years. In 2019, the airport saw the continuation of its development plan with: ◆ the continuation of works for the construction of the “Le Bourget Aéroport” station on the airport site, as part of the line 17 project of the Grand Paris Express;
◆ the delivery in July 2019 of a training centre for aviation occupations at AFMAé (Association pour la Formation aux Métiers de l’Aérien) ensuring its successful opening in September 2019 for 619 trainees; ◆ the construction of an art conservation centre as part of a joint-venture with the Chenue group (60% HORUS -40% ADP) for an opening early-2020; ◆ the conversion of the air safety certificate under European law, obtained at the end of 2017 which is backed by a works programme on airport infrastructure, and, in 2018, notably concerned compliance work on access fencing, waiting areas and visual aids in movement areas. Numerous renovation projects also continued, with building renovations, modernisation of energy systems and wastewater networks. Finally, Paris-Le Bourget airport is a major arm of the Group’s real estate business and a significant share of the real estate revenues of Paris- Le Bourget airport are closely linked to business aviation.
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AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019
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