Aéroports de Lyon annual press conference: 2012 results and ongoing developments

Philippe Bernand presented the 2011 figures for Aéroports de Lyon and current 
developments taking place at Lyon-Saint Exupéry Airport. Despite the significant impact 
of the Arab Spring, Lyon-Saint Exupéry recorded significant growth of 5.7% compared 
with 2010. The financial results of Aéroports de Lyon and its subsidiary ADL Management 
& Services, showed a marked increase with +5.3% in turnover and +18% in net profit. 
Lyon-Saint Exupéry airport passenger traf f ic reached an al l- time high in 2011 with 
8,437,141 passengers, up 5.7% in relat ion to 2010. Internat ional t raf f ic represent ing 
62% of market share was up 4.5%. Due to the development of the low-cost of fer f rom 
Lyon-Saint Exupéry, for the f i rst t ime in over 10 years, nat ional t raf f ic recorded a higher 
r ise than internat ional t raf f ic at +10.3%. However , the share of nat ional t raf f ic was st i l l 
lower wi th 38% of the total number of passengers. The Arab spring had a clear impact 
on this resul t and is estimated at a loss of more than 200,000 passengers, i .e. 
close to 2.5% growth loss. This is the resul t of a 17.1% drop in char ter t raf f ic impacted 
by the wi thdrawal of Corsai r from al l French regional ai rpor ts. Per sector , low-cost t raf f ic 
cont inued i ts growth wi th +19.9% and 1,763,262 passengers i .e. 21.1% of al l t raf f ic. 
Scheduled t raf f ic increased by 9.1% and const i tuted near ly 92% of al l t raf f ic. 
Al though the Ai r France group’s market share decreased f rom 41% in 2010 to 39%, i t 
posted growth of 3.1% in Lyon despi te the opening of bases in regional ai rpor ts. 
The average annual growth rate over 5 years showed the continued dynamic 
growth of Lyon-Saint Exupéry with +3.6% compared with +0.1% for Nice Airport 
and +1.4% for Marsei l le Airport . 

The company’s performance was also val idated by its f inancial results. Aéroports de 
Lyon posted turnover of €146.8 million in 2011, equating to a rise of 5.3% compared with 2011. Good 
management of charges allowed the company to improve its Gross Operating Surplus by +11.8% to reach 
€49.1 million and post a net profit of 11.5 million Euros showing exceptional growth of +18%. 
After 4 years of reducing its debt and sel f-f inancing i ts investment programme, 
Aéroports de Lyon wi l l speed up i ts investment projects, notably wi th the opening in 
2016 of Terminal T1-T3, of which phase one over the per iod is est imated at €110 mi l l ion. In 
the meant ime, Terminal 3, redesigned to operate wi th i ts satel l i te, wi l l be inaugurated in 
May. The new 139-room ** Ibis Budget hotel will open at the end of this year and Lyon-Bron will house new 
aircraft hangars in 2013. 
ADL Management & Service pursues i ts development. The Aéroports de Lyon subsidiary 
specialising in airport operations, consultancy, management, training and engineering is doing well overseas. 
Following projects at Brazzaville and Ollombo airports in the Congo, the Aéroports de Lyon teams are working 
at Reggane airport in Algeria and Lomé airport in Togo. The concession mission at Kosovar de Pristina airport 
will celebrate its first year on April 4 and is preparing to deliver its new air terminal at the start of 2013 
(€100M). 
PLANNED GROWTH BY 2016 
Aéroports de Lyon is allowing two years to consolidate its traffic in 2012 and 2013, before refocusing on growth 
in 2014. Its total traffic should be close to 11 million passengers in 2016. 
Priority is being placed on strengthening its medium-haul routes to expand and complete the network of 
international destinations available from Lyon. Focus is being placed in particular on Russia, Greece, eastern 
European countries and Scandinavia. The growth in medium-haul traffic will help to highlight the attractiveness 
of the platform to introduce long-haul routes to the Gulf region, North America and Asia.