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Air traffic in Paris : a return to the pre-crisis level expected between 2024 and 2027

The international air transport Association estimates that the air traffic at global level is expected to regain its pre-crisis level in 2023. It will have to

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Air traffic in Paris : a return to the pre-crisis level expected between 2024 and 2027

The international air transport Association estimates that the air traffic at global level is expected to regain its pre-crisis level in 2023.

It will have to wait between 2024 and 2027 for the traffic of the airports of paris, overcome by the brutal shock of the crisis of the coronavirus, regains its pre-crisis level, announced Monday the ADP.

in The first half, the ADP Group, which manages, directly or indirectly, more than twenty airports in the world, including the Paris-Orly and Paris-Roissy-Charles-de-Gaulle airport, recorded a net loss of 543 million euros, against a net profit of 250 million euros a year ago, because of the border closures which were nailed to the ground almost the entire fleets of planes.

"This is the first time in 50 years that the air traffic is experiencing a sudden, too brutal, and there is evidence that the recovery will be very gradual : a return to the level of traffic of 2019 in Paris is expected between 2024 and 2027," commented the group CEO, Augustin de Romanet, quoted in a press release.

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Hampered by the international traffic

The international air transport Association (Iata) estimates that air traffic at global level is expected to regain its pre-crisis levels by 2023, and expects a revenue shortfall in terms of sales of 419 billion dollars by the year 2020.

For its part, the ADP Group is building on a return of domestic traffic to its level of 2019 it's probably "by 2021" and that of the Schengen area "in 2021 or 2022 at the latest," explained to journalists the group's chief financial officer Philippe Pascal. But the return to normal will be slowed down by the slow pace of the recovery in international traffic, he continued.

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The long distance routes will suffer, according to him, first from the decision of the States to open or to close the borders in function of the evolution of the pandemic, "problems related to the application" because of its purchasing power in decline or on business trips are less numerous, offer less important with a "refocusing" of the networks of the airlines on routes most profitable, and finally of the "decline of the fleet of aircraft related to the shutdown or sale of a certain number of aeroplanes".

About the paris airports, traffic fell by nearly two-thirds in the first six months of the year, with 19.8 million passengers in the least. A slow recovery since June

"The months of April and may have experienced a traffic almost nil, and the traffic recovery has been slow for the months of June and July," said the CEO, adding that "the whole of the group's activities had been greatly affected" by the crisis of the sars coronavirus "from the month of march".

Orly airport has been closed for almost three months

The group's turnover is down from 46.5% to 1.2 billion euros "with an important impact especially on the aeronautical activities and commercial in Paris, where the paris Orly airport has been closed for almost three months between April and June, but also on the turnover of the Turkish operator TAV Airports and the airport of Amman AIG, according to the company.

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In this difficult context, the ADP Group indicated that it had "concluded the acquisition of a stake in the airport group indian GMR Airports, in conditions revised downwards to take account of the impact of the pandemic". To cope with the downturn in the traffic, the investments planned for 2020 is expected to decrease by approximately € 400 million. The cash was at the end of June of € 2.8 billion.

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To relieve the companies who have had to leave their planes on the tarmac, ADP had been exempt, as of 16 march, the parking fee. This measure "was renewed from 1 July on the basis of different conditions," says the group.

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