M&A Activity • Feb 2, 2023
M&A Activity
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Aeroporto Guglielmo Marconi di Bologna SpA announces the consolidation of the partnership with Ryanair. The partnership, started in 2008 and then strengthened in 2016, is now confirmed with a 6-year agreement.
Bologna Airport and Ryanair confirm full understanding, within the scope of their respective development objectives, in order to:
ensure the maintenance of an articulated and varied network of connections within the areas served by the carrier;
ensure network development in line with Marconi's capacity and in line with infrastructural development projects.
The agreement pursues overall sustainability objectives in the long-term and provides for an incentive scheme linked to the airport's traffic development policy.
Bologna, 2nd February 2023
Aeroporto Guglielmo Marconi di Bologna, classified as a "strategic airport" in the centre-north area of the National Airports Plan prepared by the Ministry of Infrastructure and Transport, recorded in 2022 8.5 million passengers, ranking as the seventh biggest Italian airport by number of passengers (Source: Assaeroporti – Aeroporti2030). Located in the heart of the Emilian food valley and the automotive and packaging industrial districts, the airport has a catchment area of about 11 million inhabitants and around 47,000 companies, with a strong propensity to exports and internationalisation and with commercial expansion policies to Eastern Europe and Asia.
As for airport infrastructure, the airport has among its strategic objectives in the next few years an important development plan that mainly concerns the expansion of the terminal, particularly in the parts of security checks and gate area. The company's aim is to make Bologna Airport one of the most modern and functional in Italy, an important gateway to the city and region.
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For further information: www.bologna-airport.it
Press Office: Investor Relations: Anna Rita Benassi Patrizia Muffato Manager Relations Manager Tel: +39/051/6479961 Tel: +39/051/6479960
Communication and Press Office Chief Financial Officer and Investor [email protected] [email protected]
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