Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the...

24
Airport Public Private Partnerships Case Study - TAV Airports Holding Dr. Waleed Youssef Chief Strategy Officer, TAV Airports Holding Vice Chairman, ACI World Economics Standing Committee EU-Africa Aviation Summit Conference Windhoek, Namibia A il 2 3 2009

Transcript of Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the...

Page 1: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

Airport Public Private PartnershipsCase Study - TAV Airports Holding

Dr. Waleed YoussefChief Strategy Officer, TAV Airports HoldingVice Chairman, ACI World Economics Standing Committee

EU-Africa Aviation Summit ConferenceWindhoek, NamibiaA il 2 3 2009

Page 2: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

Public Private Partnerships

Page 3: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

Public Private Partnerships

๏ Collaboration between the public and private sectors todeliver infrastructure and/or services

๏ Careful allocation of responsibilities and risks according to capacity and expertise of each party

๏ Allows governments to leverage their resources and torefocus efforts and investments on traditional public and social sectors - and to enhance regulatory oversight

Page 4: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

Typical PPP Structures

PPP Type Key Objectives Characteristics Examples

Page 5: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

๏ Regulatory framework

๏ Transparency and quality of bid process

๏ Private sector scope and expertise

๏ Financial returns and bankability

๏ Partnership and sustainability

Determinants of a Successful PPP

Page 6: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

Case Study - TAV Airports Holding

Page 7: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

TAV Airports Holding

๏ Established in 1999 - Istanbul international terminal BO

๏ Ten years later, TAV is the largest airport developer anoperator in the MENA, Caucus and former CIS regions

๏ By the end of this year, TAV will operate 11 airports infive countries - including first EU airport

๏ IPO in 2006 valued TAV at more than USD 2 billion

Page 8: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

TAV Airports

43.4

3.4

10.5

3.1

Capacity(million Pax)

15.0

Page 9: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

( , )

Founders

Free Float

Page 10: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

International Finance Corporation (IFC)European Bank for Reconstruction and Development (EBRD)European Investment Bank (EIB)African Development Bank (AfDB)PROPARCO (France)Goldman SachsBayerische Hypo- und Vereinsbank (HVB)Garanti BankDexiaDeutsche Bank WestLBVakıfbankKfWABN AMRO BankSociété Generale

Our Financial Partners

Page 11: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

TAV s Results

2007

2008

2008

2007

2007

2008

2008

2007

Million Passengers Million Euros

+4%

+4%

Page 12: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

Fully Integrated Business Model

mmercial Activities Management & Opera

sign and Construction

Aviation Security

Airport IT Systems

ATU (Duty Free)BTA (F&B)Airport HotelAirline LoungesCity Bus ServiceAdvertisementTravel AgencyAirport Parking

AirportsHavas (ground handling)City TerminalFacilities Management

Construction (sister company)

Operational EfficiencyCustomer Focus

Commercial FocusQuick Execution

Page 13: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

Examples of TAV Airports

Page 14: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

ta

Page 15: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By
Page 16: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By
Page 17: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By
Page 18: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By
Page 19: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

fid

Page 20: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By
Page 21: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By
Page 22: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By
Page 23: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

Dr. Waleed YoussefChief Strategy Officer, TAV Airports HoldingVice Chairman, ACI World Economics Standing Committee

Email: [email protected]

Page 24: Airport Public Private Partnerships - European Commission · ๏ Ten years later, TAV is the largest airport developer an operator in the MENA, Caucus and former CIS regions ๏ By

Dr. Waleed YoussefChief Strategy Officer, TAV Airports HoldingVice Chairman, ACI World Economics Standing Committee

Email: [email protected]