SEA Group business model

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Aviation Business

The revenues generated by Aviation activities are established by a regulated tariff system and comprise airport fees, fees for the use of centralised infrastructure and shared assets, in addition to security fees and tariffs for the use of spaces by airlines and handlers.

Aviation Business operating revenues* (thousands of euro)

Aviation Business operating revenues* (thousands of euro)

*2010 and 2011 results restated
Source: SEA

 

Non-Aviation Business

The revenues from this area consist of the market fees for activities directly carried out by SEA, in addition to royalties (based on a percentage of revenues generated by the licensee) from activities carried out by third parties under license, usually with the provision of a guaranteed minimum.

In managing the Non-Aviation Business the SEA Group, no longer operating only as an airport manager whose activities are limited to the management of available spaces within the airport, is actively involved in the commercial development of the airports managed, operating in partnership with the commercial operators, in order to improve, extend and innovate the services provided to users.

Non-Aviation Business operating revenues* (thousands of euro)

 

Non-Aviation Business operating revenues* (thousands of euro)

*2010 and 2011 results restated
Source: SEA

 

Handling Business

Revenues in this segment comprise market fees for the carrying out of the following activities: • “Ramp” handling (i.e. air-side services, including the boarding/deplaning of passengers, bags and cargo, aircraft balancing, baggage movements and reconciliation); • “passenger” handling (i.e. land-side services, including check-in and lost & found).

These fees are freely negotiated between the SEA Group, through SEA Handling, and each airline.

Handling Business operating revenues* (thousands of euro)

Handling Business operating revenues* (thousands of euro)

*2010 and 2011 results restated
Source: SEA

 

Energy Business

Operations, carried out by SEA through the subsidiary SEA Energia, concern the production of electric and thermal energy for the airports managed by the Group, in addition to the sale on the market of excess electricity and thermal energy through Borsa Elettrica (the electricity exchange market), bilateral contracts and, since 2011, through commercial operations on the free market.

Energy Business operating revenues* (thousands of euro)

Energy Business operating revenues* (thousands of euro)

*2010 and 2011 results restated
Source: SEA

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