The manager of Paris airports Groupe ADP suffered a financial loss of 1.17 billion euros in 2020, after being affected like the entire aviation sector by the Covid-19 crisis, according to results published on Wednesday.
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ADP, which manages Roissy, Orly, but also around twenty other airport facilities around the world, from Chile to Jordan via India and Turkey, lost 60% of its passengers last year compared to 2019. Faced with this crisis which overwhelms the entire global aviation sector, ADP is saving money in all directions, temporarily closing terminals and reducing costs.
The group, in which the French State is the majority shareholder, has in particular initiated a departure plan which will reduce its workforce by 11%.
Passenger traffic still at half mast for 2021
For 2021, despite vaccination campaigns that could lead governments to ease travel restrictions, ADP has revised downward its traffic forecasts at Paris airports: it estimates that passenger traffic will only reach between 35% and 45% of the 2019 level, the last full year before the start of the pandemic.
Globally, there will be a long way to go: ADP thinks it will only find 2019 traffic in its airports "between 2023 and 2027".