Aéroports de Paris SA precises that the decision of the ASI of non approval of 2016 tariffs will not modify the financial eq...
August 04 2016 - 1:30AM
| PRESS RELEASE |
|
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| Paris, 4 August 2016 |
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Aéroports de Paris SA precises that the
decision of the ASI of non approval of 2016 tariffs will not
modify the financial equilibrium of the company
and recalls the planned regulatory
process
|
Aéroports de Paris SA has taken
note of the decision of the Autorité de Supervision Indépendante
(Independent Supervision Authority, ASI) published on 2 August 2016
about non approving aviation fees tariffs applied since 1 April
2016. This refusal of approval was essentially motivated by the
growth in tariffs of landing fees for some small carriers
(aircrafts of less than 40 tons).
The regulatory process plans, in
that case, that Aéroports de Paris SA should present a new proposal
for 2016 tariffs in the month following the decision of the ASI,
and this latter should take its decision in the following 15 days
after the new notification of tariffs.
Aéroports de Paris SA recalls
that the tariff grid applied since 1 April 2016 does not include
any global increase in aviation fees tariffs (a freeze in tariffs
being planned in 2016 by the 2016-2020 Economic Regulation
Agreement), and that the tariff structure was made in order to be
economically neutral in 2016 compared to 2015[1].
In those conditions, Aéroports de
Paris SA precises that it does not anticipate any modification
of the financial equilibrium of the company due to the application
of a modified 2016 tariff grid.
Press contact:
Elise Hermant, Media and Reputation Department Manager +33 1 43 35
70 70
Investor
Relations: Aurélie Cohen, Head of Investor Relations +33 1 43 35 70
58 - invest@adp.fr
Groupe ADP builds, develops and
manages airports, including Paris-Charles de Gaulle, Paris-Orly and
Paris-Le Bourget. In 2015, Paris Aéroport handled more than 95
million passengers and 2.2 million metric tonnes of freight and
mail at Paris-Charles de Gaulle and Paris-Orly, and more than 55
million passengers at airports abroad through its subsidiary ADP
Management. Boasting an exceptional geographic location and a major
catchment area, the Group is pursuing its strategy of adapting and
modernising its terminal facilities and upgrading quality of
services; the Group also intends to develop its retail and real
estate businesses. In 2015, Group revenue stood at €2,916 million
and net income at €430 million.
Registered office: 291, boulevard
Raspail, 75014 PARIS
Aéroports de Paris is a public
limited company (Société Anonyme) with share capital of
€296,881,806.
Registered in the Paris Trade and Company Register
under no. 552 016 628 RCS
Paris
groupeadp.fr
[1] For the same structure of traffic
Aéroports de Paris: Precision on 4
August 2016
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Aéroports de Paris via Globenewswire
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