SWOT Analysis – VINCI Airports – globally ambitious - Je vole, donc je suis

In the run-up to the Global Airport Development (GAD World) conference taking place in Munich in Dec-2024, CAPA - Centre for Aviation will be presenting short, sharp SWOT analyses of some of the larger organisations likely to attend the event.

The focus will be on the leading investors globally in the airport sector; those that are active now and will continue to be in the future, and those that have the greatest number of assets and/or have the ambition to do so.

We begin with the 'daddy' of them all, VINCI Airports, a behemoth that 10 years ago had a handful of small French airports and a trio in Cambodia. It had just acquired ANA's 10 Portuguese airports, and all that has since grown to a portfolio of 73 in all, with no sign that the organisation is going to ease off in the acquisition stakes.

But has it bitten off more than it can chew?