Ontario Airports Investments

Airport Asset Management

We provide asset management services on behalf of Ontario Teachers’ Pension Plan for their airport investments, supporting and challenging each airport’s business strategy, finance, operations and risk management decisions, and helping drive sustainable growth. The team is in frequent contact with all stakeholders, including airport management, airlines, concessionaires, governments and regulatory bodies.

We partner closely with airport management teams to:

  • Ensure appropriate governance structures
  • Shape business plans and budgets
  • Develop growth strategy
  • Monitor business performance
  • Focus on the right-sizing of Capex projects and Opex efficiency
  • Lead refinancing initiatives
  • Supply macro-economic insights and trends

We also assist Ontario Teachers’ in identifying aviation-related acquisition opportunities and provide transactional and business planning support during the process.

Birmingham Airport

Birmingham Airport is the UK’s 3rd largest airport outside of London, with 10 million people living within a one-hour drive. It has a strong track record, with increased passengers and revenues leading to improved profitability.

Read more…

Key Stats

  • 12m passengers in the year to March 2020
  • 44% of the UK population live within a two-hour drive
  • 70 minutes non-stop to central London
No. of airlines 50
No. of destinations 143
No. of retailers 41

Passenger numbers

Pax (m) 13.0 10.7 11.5 12.2 10.0
Year
10.4m 15/16A
11.9m 16/17A
12.9m 17/18A
12.5m 18/19A
12.1m 19/20A
3.07%
Cagr
Close

Bristol Airport

Bristol Airport is the 8th largest airport in the UK and the gateway to the South West. It is served by the two largest low-cost carriers in Europe and is also the most efficient UK airport, with a best-in-class EBITDA margin and lowest OPEX per passenger.

Read more…

Key Stats

  • 9m passengers served in 2019
  • 2nd wealthiest city in England after London
  • 7m people located within a two-hour drive
No. of airlines 12
No. of destinations 128
No. of retailers 23

Passenger numbers

Pax (m) 9.0 6.7 7.5 8.2 6.0
Year
6.8m 2015A
7.5m 2016A
8.1m 2017A
8.6m 2018A
8.9m 2019A
5.53%
Cagr
Close

Brussels Airport

Brussels Airport is the largest airport and second most important economic growth engine in Belgium. The position of Brussels, as the centre for many international organisations, brings in strong traffic alongside the airport’s densely populated catchment area, which stretches to Northern France and Southern Netherlands.

Read more…

Key Stats

  • 26.4m passengers served in 2019
  • 20m residents in the catchment area
  • 80% of traffic is Origin & Destination and 20% Transit & Transfer
No. of airlines 74
No. of destinations 236
No. of retailers 83

Passenger numbers

Pax (m) 30.0 18.7 22.5 26.2 15.0
Year
23.5m 2015A
21.8m 2016A
24.8m 2017A
25.7m 2018A
26.4m 2019A
2.35%
Cagr
Close

Copenhagen Airport

Copenhagen is the largest hub airport in Scandinavia, the 16th largest in Europe and the gateway to Northern Europe. It also owns and operates Roskilde Airport, which predominantly focuses on corporate and general aviation.

Read more…

Key Stats

  • 30.3m passengers served in 2019
  • 4.3m Danish and Southern Swedish residents in the catchment area
  • 79% of traffic is Origin & Destination and 21% Transit & Transfer
No. of airlines 90
No. of destinations 188
No. of retailers 125

Passenger numbers

Pax (m) 35.0 20.0 25.0 30.0 15.0
Year
26.6m 2015A
29m 2016A
29.2m 2017A
30.3m 2018A
30.3m 2019A
2.64%
Cagr
Close

London City Airport

London City Airport is the capital’s most conveniently located freehold airport. It has the shortest passenger processing times and recently received planning permission for significant expansion, including terminal facilities and additional aircraft parking spaces.

Read more…

Key Stats

  • 5.1m passengers served in 2019
  • 13 minutes from Canary Wharf, 21 minutes from the City of London and 26 minutes from Westminster
  • 70% of passengers arrive by public transport
No. of airlines 11
No. of destinations 45
No. of retailers 17

Passenger numbers

Pax (m) 6.0 2.2 3.5 4.7 1.0
Year
4.3m 2015A
4.5m 2016A
4.5m 2017A
4.8m 2018A
5.1m 2019A
3.47%
Cagr
Close