Ferrovial Airports Sees Significant Progress in its Vertiports Business & Strong Recovery in its Airport Network

Justin Lee

Singapore

July 28, 2023

1024px London Heathrow T5 AB1

In the first half of 2023, passenger traffic at Ferrovial-owned airports saw a significant improvement from that in the same period of 2022.

At London Heathrow Airport, passenger traffic reached 37.1 million in the first half of 2023, which was 42.1% higher than the number of passengers handled in in H1 2022. Compared to the H1 2019, Heathrow’s passenger traffic for H1 2023 was 4.3% lower, indicating that the airport is close to full recovery from the pandemic.

London Heathrow Airport 6-Month Traffic Growth

Mil Pax H1 2023 H1 2022 VAR
United Kingdom 2.1 1.6 31.3%
Europe  14.7 11.2 31.3%
Intercontinental 20.3 13.3 52.6%
Total 37.1 26.1 42.1%

@Ferrovial H1 2023 Report

Passenger traffic for Glasgow, Aberdeen and Southampton Airports, which are owned by Ferrovial through its 50% equity-accounted subsidiary AGS Airports, reached 4.9 million in the first half of 2023. This was 22.3% higher than the traffic handled in the same period in 2022. However, passenger traffic for these airports was still 24.8% lower than in the same period in 2019.

AGS Airports 6-Month Traffic Growth

Mil Pax H1 2023 H1 2022 VAR
Glasgow 3.4 2.8 21.3%
Aberdeen 1.1 0.9 20.5%
Southampton 0.4 0.3 39.4%
Total AGS 4.9 4.0 22.3%

@Ferrovial H1 2023 Report

Passenger traffic at Dalaman Airport in Turkey reached 1.8 million in H1 2023, which was 22.2% higher compared to that handled in the same period in 2022 and 3.6% higher compared to the number of passengers handled in the same period in 2019.

The improvement in passenger traffic at Ferrovial’s airports also resulted in better financial performance.

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