French ADP Group takes control of Jordan’s Queen Alia airportStaff Writer | April 21, 2018
Groupe ADP, through its 100%-subsidiary ADP International, has finalized the transaction for the ownership of 51% of the capital, and the exclusive control of Airport International Group (AIG), concessionary of Queen Alia International Airport (QAIA) in Amman, Jordan.
Air traffic 12 million passengers
Groupe ADP’s investment stands at $265 million. With this operation, Groupe ADP, already shareholder of AIG with a 9.5%-stake will fully consolidate the financial accounts of the concessionary firm.
Operator of QAIA since the beginning of the concession (25 years) in 2007, Groupe ADP has contributed to the performance and growth of the airport over the last ten years.
Since 2007, traffic has been growing in average by 6.5% per year and a new terminal was built in 2013, then extended in autumn 2016, raising the airport capacity to 12 million passengers. ■