Egis Eyes New Airport Concession Opportunities Around the World as Recovery Continues

Justin Lee

Singapore

June 30, 2022

Flamingos at Larnaca Airport

For the year 2021, passenger traffic at almost all the airports in the Egis portfolio saw a significant double-digit increase from the previous year, which was an indication of a strong recovery from the effects of the COVID-19 pandemic where air transportation had been severely disrupted. Excluding the Egis-operated airports in the Republic of Congo under AERCO, passenger traffic at Egis-operated airports in 2021 increased from 11.08 million passengers in 2020 to 19.30 million passengers in 2021, which was a year-on-year increase by 63.5%.

Source: Compiled from relevant airport operator and civil aviation authority websites

The strong recovery of passenger traffic across the Egis-operated airports were also followed by improvements in the financial performance of Egis Airport Operations.

Source: Pappers

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