TBI Airports in Europe

Bob Bullock, Business Development Director

TBI / Abertis Airports

24 May 2011

UK - Belfast Int.

4.0 M PAXSweden - Stockholm Skavsta

2.5 M PAX

UK - Cardiff

1.4 M PAX

UK - London Luton

8.8 M PAX

USA – Macon 2 Airports

Management Contract

USA – Bob Hope Burbank

4.6 M PAX

USA - Raleigh - Durham

Management Contract

USA - Hartsfield-Jackson Atlanta

Terminal E 10.1 M PAX

Geographical Presence

TBI and Abertis Airports Global Presence

80 Million passengers in 2010

29 Airports

8 Countries

Colombia - Aerocali

3.1 M PAX

Colombia - El Dorado Bogotá

2 Runway concessions

Jamaica - Montego Bay

3.3 M PAX

USA - Orlando Sanford Int.

1.1 M PAX

Bolivia 3 Airports

3.7 M PAX

Santiago Chile

10.2 M PAX

GAP Mexico 12 Airports

20.2 M PAX

TBI’s European Presence

• Serving all carrier classes

• Competitive environments

• Regional in nature

• Differing ownership arrangements

BFS

DUB

LTN

STN

LGWBRI

CWL

LHR

ARLNYO

BMAVAS

BHD

• Concession Agreement (1998-2028)

• Tariffs are not regulated, but “influenced”

• The operator takes all risks (traffic

London Luton Airport

development, non-aero revenue, operating

costs, safety of operation, relationship

with community)

• A specific challenge: ensuring long term

plans are consistent with owner’s

requirements

Belfast International Airport

• Ownership (999 years)

• Tariffs are not regulated, but “influenced”

• The operator takes all risks (traffic

development, non-aero revenue, operating

costs, safety of operation, relationship

with community)

• A specific challenge: regional

government’s planning policy

Cardiff Airport

• Ownership

• Tariffs are not regulated, but “influenced”

• The operator takes all risks (traffic

development, non-aero revenue, operating

costs, safety of operation, relationship

with community)

• A specific challenge: incorporating regional

government’s development strategy into

airport plans and operations

Stockholm Skavsta Airport

• Co-Ownership with the local

municipality (Nyköping)

• Tariffs are not regulated, but

“influenced”

• The operator takes all risks (traffic

development, non-aero revenue,

operating costs, safety of operation)

• A specific challenge: more for less

while integrating the co-owner’s

interests

Conclusion

Overall Challenges

• Public vs. private organizational mindsets during transition and operation

• Regulatory uncertainty and evolving requirements

• Increasing air carrier and passenger expectations (more for less, preferably

free) and changing travel patterns

• Developing cost-effective, efficient and environmentally friendly facilities given

new technology and other opportunities

• Minimizing costs while maximizing incomes

• Near term and continuing financial performance requirements

• Maintaining maximum flexibility within fixed boundaries

Private Airport Reality

CommercialOffer

Facility

ServicesManagement

and Team

Policies

Airport

Private Airport Reality

CommercialOffer

Facility

ServicesManagement

and Team

Policies

Airport

Private Airport Reality

CommercialOffer

Facility

ServicesManagement

and Team

Policies

Airport