Ontario Airports Investments


Brussels Airport acquires the Sheraton Airport Hotel


Brussels Airport acquires the Sheraton Airport Hotel

Brussels Airport Company has signed an agreement to acquire Airhotel Belgium bvba (ltd), the company owning the Sheraton Hotel at Brussels Airport. With this acquisition, Brussels Airport will take control of a strategic location right in front of the terminal building and will invest in a high quality internationally branded hotel. The closing of the transaction remains subject to customary closing conditions including the approval by the European Commission.

Situated right in front of the terminal building, the hotel offers to its guests 294 rooms, 21 conference rooms with a maximum capacity of 1,500 persons, a restaurant, a fitness centre and its own parking garage.

Upon closing of the transaction after clearance by the European Commission, Brussels Airport will acquire 100% of the shares in Airhotel Belgium bvba for an undisclosed price.

“The acquisition of the Sheraton hotel is important for Brussels Airport as it allows us to fully integrate the hotel in our future development plans in this strategic area. We look forward to continuing the successful operation of the Sheraton together with the hotel teams, contributing to the high quality services Brussels Airport offers to its passengers and visitors”, explains Brussels Airport Company’s CEO Arnaud Feist.

The Sheraton Hotel’s employees will not be affected by this takeover. The hotel will continue to be run under the Sheraton brand.

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At 60, Brussels Airport turned in an excellent performance in 2018 with 25.7 million passengers and 732,000 tonnes of cargo


At 60, Brussels Airport turned in an excellent performance in 2018 with 25.7 million passengers and 732,000 tonnes of cargo

In 2018, Brussels Airport welcomed 25.7 million passengers, an all-time record that is largely driven by the expansion of the intercontinental network. Air cargo closed the year with 732,000 tonnes carried, which is the highest freight volume in 10 years. Over the 60 years of its existence, Brussels Airport has welcomed no less than 610 million passengers, all categories combined.


Last year, Brussels Airport welcomed 25,675,939 passengers, i.e. a 3.6% increase compared against 2017. This growth is chiefly seen in the number of originating passengers which went up by 4.3%. Standing at 18%, the share of transfer passengers has remained relatively stable compared against last year.

This handsome growth is largely explained by the 18% rise seen in the long-haul flight segment. Nearly two new travellers out of every three flew long distance in 2018. Brussels Airport’s intercontinental network expanded even further in 2018 with new routes launched by Cathay Pacific to Hong Kong, by Hainan Airlines to Shanghai and Beijing and by Rwandair to Kigali. Other new routes now also include flights to Dubai organised by Emirates, to Bangkok by Thai Airways, whereas Ethiopian Airways has stepped up its seat capacity to Addis Abeba.

The short-haul flights also proved a distinct success in 2018. The resumption of leisure flights to Turkey, Tunisia and Egypt also explains the rise in the number of passengers compared against previous years. As it is, the month of July recorded a resounding performance with 2.6 million passengers. One date in particular that stands out in this respect was Friday 20 July, when Brussels Airport welcomed no less 94,928 passengers in a single day.

In December 2018, the airport welcomed 1,809,834 passengers, representing a 5.4% growth, a rise that is slightly distorted by the harsh winter conditions that paralysed part of the network in the 2nd week of December 2017. This increase is witnessed both in the number of originating passengers and the number of transfer passengers, and on the short-haul as well as the long-haul flights.


In 2018, Brussels Airport also carried 731,613 tonnes in cargo, representing a 5.8% increase up from 2017.

Belly cargo enjoyed a very substantial +14.1% rise, thanks to the new destinations. Full cargo volumes and express service volumes recorded a loss of 5 and 1.7% respectively. The highest increase was seen in trucked cargo, which went up by +20.9%.

In the flown cargo segment, imports went up by 7%, whilst exports remained stable. For trucked air cargo, we saw a very substantial increase of 47% in imports, whereas exports fell by 6%.Also worth noting is the significant rise in the export volumes of pharmaceutical products: plus 32% over the year as a whole.

In December 2018, cargo volumes carried rose by 2.1% compared against December 2017, reaching 62,137 tonnes. However, this growth remains well below that for the entire year (5.8%). To a degree, this weaker growth is explained by the nationwide strike of mid-December, when many cargo flights were cancelled by the airlines as a precaution.

Belly cargo (cargo carried on passenger planes) witnessed a slight turn-up of 2.8%, whereas full cargo and express services saw a downturn, in the same way as applies to 2018 as a whole. The slight fall of the express services was mainly due to the rise in ecommerce volume. In terms of weight, we are looking at lighter-weight products than the kind of weight encountered in products that are traditionally shipped by air.

Trucked cargo saw a very substantial increase (33.8%) in that it met rising demand and offset the reticence of the airlines to operate out of Brussels Airport on account of the stricter noise restrictions imposed by the Brussels Region.

As regards air cargo, imports continued to rise by 2%, whilst exports fell by 6%. Air cargo to South America on the other hand recorded positive figures compared against year in both segments.
Even though trucked cargo of goods intended for exports shows a slight 2% rise, trucked cargo of imported goods recorded a spectacular growth of 76%.


In 2018, the number of flight movements showed a slight 1% decrease on 2017. The average number of passengers per flight went up by 5.8%, rising from 120 in 2017 to 127 in 2018, thanks to larger aircraft.

In December, the number of movements rose by 2.9% compared against the same period in 2017. This difference is explained by the cancellation of quite a few passenger flights in December of 2017 due to the harsh winter conditions.

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CPH traffic 2018: A record of 30.3 million travellers


CPH traffic 2018: A record of 30.3 million travellers

Copenhagen Airport reached a milestone in 2018 with 30.3 million passengers. Less than half of the travellers are Danish and from the south of Sweden. Foreign travellers visiting Denmark and  transfer passengers flying via CPH are more numerous in the terminals.

Never before in the history of Copenhagen Airport have so many passengers been through the terminals. To be specific, 30,298,531 passengers.

“Growth in 2018 has been substantial, with 1.1 million more travellers. This equals 16 full Boeing 737’s every day of the year,” says CEO Thomas Woldbye.

Even though the Danes continue to show a growing desire for travel, the majority of passengers are actually foreign tourists and business travellers visiting Denmark and  transfer passengers flying via CPH and onwards out into the world. In 2018, 38% of travellers were Danes while 62% were foreign.

“It is imperative for the welfare of a small nation like Denmark to be well connected to the rest of the world to allow us to do business, exchange knowledge, and welcome investments and tourists to the country. The development over the past 10 years shows us that the world has discovered Denmark and that foreign travellers are numerous in the terminals – and therefore also in Denmark,” says Thomas Woldbye.

Since 2011 Copenhagen Airport have focused on developing the inbound passenger market – that is, foreign travellers arriving to Denmark for holiday and business purposes.

Since 2011, the number of foreign inbound passengers has grown by 51% while the number of Danish and southern Swedish outbound passengers has increased by 31%.

177 international routes from CPH

At the end of the year, there were 177 direct, international routes to and from Copenhagen, 41 of which are  long-haul routes to destinations outside Europe.

“It is important for Denmark to be on the world map – perhaps more specifically the large route map of the world. This is why we strive to maintain and expand CPH’s position as Northern Europe’s leading international airport, to enable us to satisfy the government aviation strategy of creating the strongest possible connectivity for Denmark,” Thomas Woldbye emphasises.

The greatest increases in Copenhagen Airport in 2018 were realised on the long-haul international routes to destinations outside Europe. For these, the passenger number grew by 11% to a total of 3,611,444.

“2018 was really significant in respect of China, with new routes to Hongkong, Beijing, and Chengdu. There has been a strong wish, both politically and commercially, to create Chinese  connectivity with more direct routes. After strong collaboration on developing new routes, this is now a reality,” says Thomas Woldbye.

The traffic to and from the USA also showed strong growth, now boasting 10 direct routes. In consequence, the number of American travellers increased by just under 10%, to 1.1 million.

2018 was also the year where the long-desired route between Copenhagen and New Delhi in India celebrated its first anniversary – as a success. The number of travellers on the route grew by nearly 60,000.

In contrast with the international routes, domestic traffic fell by 1.5% in 2018, to a total of 1,586,728 travellers. One of the reasons for this is that the airlines have reduced the number of domestic flights on some routes. Pure charter flights also show a small drop of 0.5%.

The last month of the year was marked by hectic activity, as always. The passenger number grew by 3.4% to a total of 2,047,381.

The least busy travel day was also in December. On 25 December, 25,779 passengers came through the terminals. The busiest travel day was 25 June with 109,399 passengers.

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