1. Bob Thompson bt@retrigroup.com
Airport property
Bob Thompson
RETRI Group

2. Airport property Airport hierarchy The airport model Airport property
The next decade
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3. RETRI Group

4. RETRI Group

5. RETRI Group

6. The top hubs in 2008
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7. Passenger traffic
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8. RETRI Group

9. The airport business model
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10. Hub revenues 2008
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11. Airport property
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12. Offices – airports show reverse premia
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13. Industrials – airports show premia
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14. Forecast traffic growth
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15. The spatial distribution of growth
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16. The capacity gap
45%
32%
23%
24%
15%
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17. 2010
New terminal
New runway
New airport
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18. 2020
New terminal
New runway
New airport
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19. Flies in the ointment
Airbus 380 produces 75 grammes of CO2 per passenger kilometer
4.1 million jobs in Europe
25% of trade by value
8% of global GDP
Heathrow East reduces CO2 by 40%
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20. Improved high-Speed Train City-Pairs post 2008 only
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21. Conclusions
Demand is expected to recover (along with the global economy)
Significant capacity shortfalls in the medium-term
Limited growth options at main hubs
Displaced growth at national/ regional level
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22.
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