Aéroports De Paris Banks on Business Aviation and Invests at Paris- Le Bourget Airport
To support the steady growth of business aviation, Aéroports
de Paris (Paris:ADP) (Pink Sheets:AEOPF) is developing the facilities at
Paris-Le Bourget airport, European leader in business aviation*.
After the opening of a new business aviation terminal in June 2006
Paris-Le Bourget will deliver a 9 000m2 hangar
called K1. Aéroports de Paris has invested 5.5 million
euros in the refurbishment of K1 hangar. Thanks to this upgrading, the
airport will offer modern equipments adapted to the needs of business
aviation airlines. Originally designed to host maintenance activities, K1 hangar, an
emblematic building of the 1960s, has been divided in two parts to
accommodate two clients: Unijet airlines will use it to establish its
new headquarters and Dassault Aviation will install an exhibit hall for
its aircraft. This renovation project is part of a larger programme planned by Aéroports
de Paris to invest 8 million euros per year until 2023 to develop and
optimize the facilities at Paris-Le Bourget airport. * in terms of aircraft movements and
destinations served. "This strategy of development aims at confirming the first place in
Europe of Paris-Le Bourget airport in the field of business aviation. In
four years, its traffic has increased by 27.4% and it should continue to
grow by 3.5 and 4% per year in the years to come" underlines Pierre
Graff, Chief Executive Officer of Aéroports
de Paris. About Paris-Le Bourget (2007 figures) Located at 7 kilometers from Paris An area of 570 hectares Airport exclusively dedicated to business aviation since 1981 Business aviation leader in Europe with 60,800 aircraft and helicopter
movements, an increase of 9.4% compared with 2006 800 destinations served including 600 international routes 4, 200 direct jobs in 100 companies 8, 000 indirect and induced jobs www.aeroportsdeparis.fr Aéroports de Paris builds, develops and
manages airports including Paris-Charles de Gaulle, Paris-Orly and
Paris-Le Bourget. Aéroports de Paris is
Europe´s second-largest airport services group in terms of airport
revenues and the European leader for cargo and mail. Aéroports
de Paris accommodates nearly 460 airlines, including the main companies
in the air transport industry. With an exceptional geographic location and a major trading area, the
Group is pursuing its strategy of modernizing its terminal facilities
and upgrading the quality of services, and also intends to develop its
retail and real estate business. In 2007, Aéroports
de Paris Group had revenues of ?2,292.4
million and handled 86.4 million passengers.