The market

Italy ranks 5th in Europe for volume of traffic.

The air transport segment is very much linked to economic trends, both international trends and those of the individual geographic areas.

The complexity of the variables affecting the trend of the air transport segment force it to undergo massive change, which is now focussing on the interaction of airlines in order to achieve scale economies, also with a view to reducing operating costs.

Airport managers, whose business is very much linked to airline development strategies, suffer the volatility of the reference context and, particularly in Europe, in addition to suffering the effects of the crisis in the area, are operating in a highly competitive context, determined by the limited additional supply of airport capacity, which makes infrastructural investments intended to cover this gap particularly important, in order to meet the forecast increase in demand in the medium-term.

Please note that the air transport segment is subject to significant regulation, the evolution of which also affects the strategic choices made by airlines and airports, very often defining the related business paths.

Within the economic context of the European Union, by comparing the carriers competing with each other and the airports operating under a natural monopoly regime, efficient regulations remain a fundamental factor aimed at pursuing the objective of maximising the quality of the services provided to the passengers.

The Italian airport system

Highights

  • In 2014, the Italian airports have transported close to 150.3 million passengers.
  • The performance of the 35 Italian airports monitored as members of Assaeroporti reported a strong passenger traffic recovery on 2013 (+4.5%).
  • Cargo traffi c at the European airports in 2014 grew 3.8%, for a total of nearly 11 million tonnes of cargo processed. Among the main European cargo sector airports, Malpensa placed first in terms of percentage growth (+9.1%).

Critical issues

  • Fragmentation of the commercial traffic over a high number of airports (47 sites);
  • difficult access to the airports characterised by insufficient connections;
  • lack of intermodality, especially as regards railroads (6 Italian airports are connected through the rail system and among these airports only Malpensa is connected with high speed trains);
  • absence of efficient national and regional planning. The "Regional Plans for Transports" (PRT) date back to the 90s and in many cases they have not even been implemented

Types of rail connections to Italian airports

Type of rail connections

Source: "Study of the future development of the national airport network as a strategic component in the infrastructural organisation of the territory", written in 2009-2010 by One works, KPMG, Nomisma on the account of ENAC.
Source: 2011 Report on sustainability

Contrary to the main European countries, in Italy the traffic is less concentrated at the larger airports with more than 10 million passengers and, conversely, better distributed as regards the average sized airports and at the airports with less than 5 million passengers.

Air traffic distribution in Europe based on the airport class

Air traffic distribution in Europe based on the airport class

Source: "Study of the future development of the national airport network as a strategic component in the infrastructural organisation of the territory", written in 2009-2010 by One works, KPMG, Nomisma on the account of ENAC.
Source: 2011 Report on sustainability

The challenges for the Italian airport system by the year 2030

In the next twenty years, Italy's airports and territories are called upon to face an important challenge consisting in the management of an estimated doubling of passenger volume by 2030 and the consequent revenue in terms of employment and GDP.

Estimate of passenger growth at the Italian airports by the year 2030

Estimate of passenger growth

Source: Study of the future development of the national airport network - One Works, Nomisma, Kpmg (2010).
Source: 2011 Report on sustainability