PARIS--()--On 21 March, Aéroports de Paris Management (ADPM) (Paris:ADP) (Pink Sheets:AEOPF), a wholly-owned subsidiary of Aéroports de Paris, brings the new terminal at Queen Alia International Airport in Amman, Jordan into operation. ADPM is a shareholder and the sole operator of the airport under a 25-year concession.
Covering an area of 103,000 m², this terminal is the equivalent in floor area of Hall M at Terminal 2E in Paris-Charles de Gaulle and will be able to accommodate up to 9 million passengers per year. It will therefore double the total capacity of Queen Alia International Airport, the gateway to Jordan and hub of the Royal Jordanian national airline, a member of the One World Alliance.
Aéroports de Paris Management teams have been preparing for the opening of the new facilities for over two years and involved all the airport's partners from the earliest stage. This enabled them to effectively plan operational tests and training, in order to successfully transfer over 30 airlines and the Royal Jordanian Hub.
According to Jacques Follain, Managing Director of Aéroports de Paris Management:
"The new terminal at Queen Alia International Airport, Amman is a
major flagship project for Aéroports de Paris Management which has run
the airport since 2007, using the expertise developed within the
Aéroports de Paris Group, in France and abroad.
Bringing this new terminal into operation marks a new phase of development for the airport. Aéroports de Paris Management's experience as an operator will optimise the development of the Royal Jordanian hub and create value through first-class commercial activity spread out over more than twice the current floor space."
About the new terminal
- Architect: Foster & Partners.
- Operator: Aéroports de Paris Management.
- Length of concession: 25 years.
- Area: 103,000 m², including 18,800 m² of retail and rental space.
- Capacity: 9 million passengers, 12 million when the departure lounges are extended.
- Overall cost of project: 750 million dollars.
About ADPM's presence in Jordan
In 2007, together with five other investors -ADI (Abu Dhabi), EDGO (Jordan), J&P Avax SA (Greece), J&P Overseas Ltd (Cyprus) and Noor Financial Investment Company (Kuwait)- Aéroports de Paris Management founded the AIG PSC company (Airport International Group Private Shareholding Company)which won the 25-year concession for the Queen Alia International Airport.
This concession was accompanied by a BOT contract (Build, Operate, Transfer) which provides for the redevelopment of the existing terminal and the building of the new terminal.
Aéroports de Paris owns a 9.5% stake in the AIG company and wholly owns the JAM company (Jordan Airport Management) specially created for the operation of the new terminal.
More information on ADPM
Created in 1990, Aéroports de Paris Management is a wholly-owned subsidiary of Aéroports de Paris, whose business involves managing international airport operations and/or acquiring stakes in airport companies, alone or in collaboration with financial investors and other industrial partners.
In its role of airport operator and long-term investor, ADPM has many recognised fields of expertise: bringing infrastructure into operation (terminals, runways, etc.), optimising operations, developing air terminal shops and assisting with airport certification.
Today, ADPM manages a portfolio of 22 airports worldwide with a total traffic of around 42 million passengers.