Bouygues Bâtiment International’s Airport Portfolio Tops a Decade of Growth with the Opening of a New Airport Terminal in December 2021

Justin Lee

Singapore

February 28, 2022

1024px Zagreb Airport Terminal 20170506202715

fr

Bouygues Bâtiment International

6

Airports

4

Countries

11

Reports

Bouygues Bâtiment International is the subsidiary of Bouygues Construction that has been specialising in complex construction projects around the world for more than 40 years.

Source: Pixabay

The company is also a developer, operator and investor of airports in different countries around the world such as Canada, Croatia, Cyprus and Madagascar through the following subsidiaries: Hermes Airports Limited Bouygues Bâtiment International holds the largest share (22%) of Hermes Airports Limited (a consortium of nine shareholders including Egis Investment Partners, Vantage Airport Group and Aer Rianta International), which took over the operation and management of Larnaca and Paphos International Airports in Cyprus in 2006.

Hermes Airport is Bouygues Bâtiment International’s first airport ppp project.It has a 25-year BOT (Build-Operate-Transfer) concession agreement with the Republic of Cyprus. According to statistics available on the Hermes Airport website, the two airports handled 11.3 million passengers in 2019 but passenger traffic fell to 79.6% to 2.3 million in 2020 due to the outbreak of the COVID-19 pandemic. In 2021, passenger traffic at the two airports recovered to 5.1 million, which was a 121% improvement from that in 2020, but still 45.1% lower than that in 2019.

Source: Wikimedia Commons

Subscriber-only content. You must be signed in and have a subscription plan to view this information.

Not a member of airportIR?

Subscribers receive access to value-added content including the latest Deal Pipeline intel, in-depth feature articles and analysis, operator/investor profiles, industry insights, reports and much more.

What's Included

  • In-depth deal pipeline content
  • Feature articles and analysis
  • Detailed operator/investor profiles
  • Industry insights, reports and much more
Subscribe

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus. Pellentesque quis sagittis diam. Fusce congue pulvinar interdum. Curabitur porta libero enim, ullamcorper condimentum diam accumsan quis. In tempor egestas risus, id congue nibh cursus in. Cras sollicitudin fermentum orci et eleifend.

Nam eget imperdiet risus, at luctus nulla. Nullam porttitor, est quis viverra fringilla, ipsum velit tincidunt massa, vel egestas lacus velit eget mauris. Proin finibus condimentum tellus, in commodo felis dapibus a. Curabitur luctus et sapien a dapibus. Mauris faucibus dapibus justo vitae varius. Proin quis mauris eros. Curabitur tincidunt feugiat dignissim.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus.