THE GLOBAL AIRPORT INDUSTRY

MARKET ANALYSIS IN THE LIGHT OF THE COVID-19 CRISIS

In addition to a comprehensive view of the sector's environment and demand (macroeconomic factors, changes brought about by digital transformation and ecological transition, etc.), the study provides our exclusive analysis of the past evolution of the global airport industry and its prospects. In particular, it outlines the impact of the health crisis and the lessons to be learned from the current situation.

COMPANIES' BUSINESS STRATEGIES

Strengthening the attractiveness of hubs, developing air freight activity, digitalising operations and decarbonising activities : the report details the growth levers prioritised by the world leaders in the airport industry, after analysing their main strengths and weaknesses.

EXPLANATION OF THE CHANGES IN THE COMPETITIVE LANDSCAPE

This report also provides an individualised and aggregated financial analysis of the operators' financial performance. In particular, it deciphers the evolution of sales and operating profit rate for the analysed companies.

1. EXECUTIVE SUMMARY

SUMMARY AND KEY PAGES OF THE REPORT

The summary provides all the elements needed to understand the major trends in the sector and foreseeable developments, drawing on analyses of the market outlook and the strategies of the companies.

2. MARKET FUNDAMENTALS

OVERVIEW

SCOPE OF THE REPORT

FUNDAMENTALS OF THE AIRPORT INDUSTRY

3. THE MARKET AND LEADERS' ACTIVITY

THE SECTORAL ENVIRONMENT

• Overview (PESTEL analysis)

• Economic factors

• Social factors

• Legislation

THE GLOBAL AIRPORT HUB MARKET

• The impact of the crisis on the market

• The market in 2022

• Medium-term demand

ACTIVITY AND LEADERS' PERFORMANCE

• Revenue

• Operating profit rate

• Leaders' stock market valuations

• Individualised activity and performances

4. COMPETITION AND LEADERS' STRATEGIES

COMPETITIVE ENVIRONMENT

• Porter's 5 forces (Overview)

• Intra-sectoral competition

• Threat of new entrants

• Threat of substitutes

• Government's influence

• Bargaining power of customers

LEADERS' STRATEGIES

• Overview

• Strengthening the attractiveness

• Developing the air freight business

• Digitalisation of operations

• Decarbonising activities

5. FORCES AT WORK

• Rankings of the 10 world leaders in the global airport industry

• Key performance indicators of the 10 leaders (revenue growth and EBIT rate)

• SWOT analysis of the 10 leaders

6. LEADERS' PROFILES

• ADP GROUP

• AENA

• FRAPORT

• HEATHROW

• VINCI AIRPORTS

• LOS ANGELES WORLD AIRPORTS

• ROYAL SCHIPHOL GROUP

• DALLAS FORT WORTH INTERNATIONAL AIRPORT

• HONG KONG INTERNATIONAL AIRPORT

• AIRPORTS OF THAILAND