Vinci Logs Higher Q2 Passenger Traffic, Announces Deals and Appointments

Vinci has reported higher Q2 passenger traffic, with airports passenger traffic up 5.1% YoY in June. The company has also announced several other transactions, including the acquisition of Wärtsilä's marine electrical systems business and the sale of Axxes to Brisa. Vinci has also appointed Thierry Mirville as its next deputy CFO and has launched a EUR250 million share repurchase program.

VINCI Airports, a leading global airport operator, has reported a significant increase in passenger traffic during the second quarter of 2025. The company's airports welcomed over 86 million passengers, marking a 6.7% increase year-over-year (YoY) compared to the same period in 2024 [1].

The growth is largely attributed to increased airline capacity, particularly from low-cost carriers, which has driven strong demand and maintained high load factors. Regional traffic highlights include notable double-digit increases in Japan, Mexico, Budapest, Cabo Verde, and Cambodia. Japan, in particular, saw a remarkable 66% increase in traffic from China, driven by the expansion of airline capacity on routes linking Shanghai and Beijing [1].

In Mexico, Monterrey Airport experienced a 25% increase in traffic, driven by the recovery of local airlines like Volaris. Budapest's traffic increased by 36% in April and May, primarily due to the expansion of low-cost carriers such as Wizz Air and Ryanair [1]. Cabo Verde's connections to Portugal benefited from additional flights by TAP and easyJet, while Cambodia's Phnom Penh Airport reported a 15% growth, largely due to a 62% increase in traffic from China [1].

Portugal and Edinburgh also recorded strong growth in air traffic. Portugal's excellent growth was attributed to capacity increases from various airlines and high load factors, with long-haul routes to Brazil and the United States registering increases of 12% and 9%, respectively. Edinburgh experienced a 30% growth in its long-haul segment, fueled by routes to North America [1].

In contrast, London Gatwick maintained relatively stable traffic levels, with growth in long-haul flights counterbalancing a slight decline in the short-haul segment [1].

Despite the positive outcomes, challenges remain, particularly in regions like the United States, where economic uncertainties have led to a slowdown in air traffic. Markets like Costa Rica and the Dominican Republic have been affected by decreased flight offerings by American airlines [1].

In addition to the impressive traffic growth, VINCI Airports has also announced several strategic moves. The company has acquired Wärtsilä's marine electrical systems business and sold Axxes to Brisa. Thierry Mirville has been appointed as the next deputy CFO, and a EUR250 million share repurchase program has been launched [2].

These strategic moves, coupled with the robust performance in Q2, position VINCI Airports to continue its growth trajectory while addressing sustainability goals. The company aims to achieve net-zero emissions by 2050, focusing on operational performance and sustainable infrastructure development [1].

References:
[1] https://investorshangout.com/vinci-airports-reports-impressive-growth-in-q2-traffic-331129/
[2] https://finance.yahoo.com/news/vinci-airports-traffic-june-30-154500361.html