Airport tax: ADP plans to move on a big a part of it to airways

The Aéroports de Paris (ADP) group plans to progressively “move on” to airways nearly all of the tax on main French airports supplied for within the 2024 draft funds, it stated on Wednesday. ADP estimates that “round 75%” of the prices would thus be handed on, however specifies in a press launch that “the rise in costs” of the charges paid by the airways “can be unfold over two to 3 years”.

“A primary enhance, protecting nearly half of the affect of the tax, would happen from the 2024 tariff interval”, then “further will increase would happen within the following tariff interval(s), particulars the group.

A tax estimated at round 120 million euros

ADP estimates the affect of this tax on its working revenue in 2024 at 90 million euros, “for a tax estimated at round 120 million euros” in whole. “This affect can be progressively lowered from 2025, and can be restricted from 2027 to solely the unregulated half” of the tax, i.e. practically 25% in keeping with the group’s estimates, which it won’t be able to move on to firms. aerial. Based mostly on its figures from final 12 months, ADP would have paid “round 100 million euros” in 2022, in comparison with a internet revenue of 516 million.

These 100 million characterize 4.6% of turnover “excluding specifically revenue linked to airport security and safety and after deduction of a turnover franchise of 120 million euros”, i.e. a tax base of two.175 billion euros, signifies ADP, which had achieved a turnover of 4.68 billion euros in 2022. The federal government has actually subordinated the brand new tax to a minimal threshold of income and profitability and it applies to a part of the turnover.