FUNDING THE INVESTMENT PROGRAM: BANK AGREEMENT
Funding for the 2016-2020 investment programme proposed by Casil Europe and voted in by the airport's Supervisory Board, was finalised in August with Natixis, AG Insurance, Caisse d’Epargne, Midi- Pyrénées and Banque Populaire Occitane.
This loan of €102 million, to be reimbursed over 15 years, which covers all investments over the 2016-2020 period, will fund the refurbishment of Hall D and the construction of a jetty connected to Hall A, to handle low-cost and regional airlines. In addition to these two projects, the loan will enable the airport, the aviation infrastructure or the car parks to be upgraded.
Funding via a loan was selected, in particular for the very low interest rates.
This agreement conveys the trust the local banking community has in ATB's project. It also confirms the desire of the airport shareholders to involve local economic playersin the airport's development.
ATB AND THE NH HOTEL GROUP OFFICIALLY CONFIRM THE OPENING OF A HOTEL IN 2018
In July, the Toulouse-Blagnac Airport Group and the NH Hotel Group confirmed that a 4-star hotel would be opening at the airport in the third quarter of 2018, with the signing of a long-term lease. Toulouse-Blagnac airport is the investor and property owner.
Design and execution will be assigned to a regional cluster of companies led by SOCOTRAP, assisted by the companies GBMP and Giesper, the architectural firms Patriarche & Co and Cardete & Huet and the engineering companies Betem MP, Etudes et Coordination, Gleize Energie Service and Gamba Acoustique.
This real estate diversification operation is part of an approach to add value to the land in the concession, to develop a source of revenue that is not directly linked to air traffic.
RYANAIR SETS UP AT TOULOUSE-BLAGNAC AIRPORT
In September, Ryanair arrived at Toulouse-Blagnac airport with an initial route to Berlin. In November, six other routes were launched by the Irish airline to Brussels Charleroi, Fez, London Stansted, Madrid, Malta and Warsaw. This now accounts for 38 weekly flights and an offer to suit both leisure and business customers. The arrival of Ryanair confirms the strategic focuses of ATB, banking on the growth of low-cost traffic. Ryanair is the main player in the low-cost sector, and was previously absent from Toulouse.
VOLOTEA OPENS AN OPERATIONS BASE AT THE AIRPORT
The Spanish airline, which has been experiencing strong growth since its arrival at Toulouse-Blagnac airport in 2012, reinforced its presence by opening an operations base at the airport in March. This base resulted in four new routes. In summer 2016, Volotea was offering 12 destinations departing from Toulouse (+120% passengers transported compared to 2015).
TOUR OPERATOR TUI BECOMES THE AIRPORT'S LEADING CHARTERER TUI
The leading tourism tour operator on the French market, added to its offering of trips departing from Toulouse, with 8 new destinations for the summer
schedule. With this offering, TUI is now the leading charterer at the airport (14 destinations).
For this schedule, the TUI group has based a Boeing 737-700 at the airport from one of the group's airlines: JetairFly. TUI is the group behind the brands Nouvelles Frontières, Marmara, Passion des îles and Aventuria.