Aéroports de Paris (ADP) Investor update summary

Launch of economic regulation agreement process

• Initiated formal public consultation and released a preliminary draft agreement to start the airport users' consultation for a new Economic Regulation Agreement (ERA) covering 2027–2034.

• The ERA aims to support responsible, long-term development, accelerate aviation decarbonization, and enhance Paris airports' competitiveness.

• The agreement provides an eight-year framework for executing a €8.4 billion investment plan, with a focus on operational efficiency, modularity, and progressive infrastructure development.

Strategic vision and objectives

• Aims to transform Paris airports with a focus on sustainability, competitiveness, and operational excellence for 2027-2034.

• Prioritizes environmental transition, moderate traffic growth, and regulatory modernization.

• Seeks to position as a leader in decarbonizing air transport and delivering high service quality.

• Targets net-zero emissions by 2050 and enhanced intermodality.

• Emphasizes stakeholder engagement through extensive public consultations.

Strategic priorities and investment plan

• Four main priorities: operational competitiveness, scalable capacity, service quality, and energy transition aligned with 2050 net-zero goals.

• Investment plan is phased: first, improve passenger flows (2027–2030); second, optimize and densify existing infrastructure (2030–2032); third, develop new smart infrastructure and intermodal transport (2032–2034).

• Projects include new border controls, expanded terminal areas, new boarding piers, improved luggage systems, and enhanced rail connectivity.

• Capacity to increase by 18 million passengers, with targeted projects at both Paris-CDG and Orly.

• Major projects include new terminals, border control areas, intermodal halls, and a connecting train.