The potential of air transport is significant as long as it can decarbonise.
The pandemic of Covid caused the collapse of global air traffic. A phenomenon never seen before that has affected airlines, aircraft manufacturers and airports. The doubts have more than touched long-term investors who have praised the resilience of these airports, often housed in infrastructure funds.
But the crisis did not last. “Traffic is picking up with a vigor that no one expected” Mathias Burghardt, deputy general manager of Ardian, rejoices. The investment fund is particularly interested in this sector, and in particular in airports. And for good reason, this Thursday Ardian became the largest shareholder of London Heathrow Airport with 22.6% of the capital. Saudi arabia’s sovereign wealth fund (PIF) acquires 15% stake in infrastructure.
Ardian’s largest investment
The entry into the capital of Heathrow of Ardian and PIF was announced in November 2023. Then thay wanted to buy Ferrovial’s share, with 15% for Ardian and 10% for PIF…
What role does innovation play in the decarbonization of the air transport industry?
Interview with Mathias Burghardt: The Future of Air Transport and Decarbonization
Editor of Time.news (Ed): Thank you for joining us today, Mathias. Let’s dive right into the recovering air transport sector. The pandemic profoundly impacted global air traffic. What trends are you seeing now as the industry recovers?
mathias Burghardt (MB): Thank you for having me. The recovery of air traffic has exceeded many expectations. The vigor we’re seeing is quite remarkable. People are eager to travel again, and airlines are responding accordingly by ramping up operations. This surge is revitalizing investments in infrastructure, signaling a rebound in the aviation sector.
Ed: The pandemic indeed changed the landscape significantly. What are the implications for long-term investors in airports and air transport?
MB: Investors are regaining confidence as volumes return to pre-pandemic levels. Companies like Ardian are keenly investing, as evidenced by our recent acquisition of a 22.6% stake in London Heathrow Airport. Investors who initially hesitated have begun to recognize that the potential for growth in air transport is substantial, especially with strategic investments.
Ed: it’s fascinating you mention Heathrow.What motivated Ardian’s important investment there, and how does it fit into broader industry trends?
MB: Heathrow is a major hub with a robust business model. Our entry into its capital comes at a critical time when the airport is looking to innovate and upgrade its facilities.This aligns with the broader industry trend of enhancing airport efficiency while also addressing sustainability. It’s essential for airports to adapt to future demands, including the pressing need to decarbonize.
Ed: Speaking of decarbonization, how important is this aspect for the future of air transport?
MB: Decarbonization is crucial. The potential for air transport is significant, but it hinges on our ability to reduce emissions. The industry is under growing pressure to innovate toward sustainable practices, which includes transitioning to more efficient aircraft and exploring choice fuels. This movement not only mitigates environmental impact but also attracts eco-conscious investors.
Ed: As an expert in infrastructure investment, what practical advice would you give to potential investors looking to enter the air transport sector now?
MB: Prospective investors should focus on identifying opportunities in airports that demonstrate resilience and a commitment to sustainability. Look for facilities that are making strides toward greener operations, as these will be valuable in the long run.Additionally, staying informed about regulatory changes and technological advancements will enable investors to make strategic decisions aligned with industry growth.
Ed: Lastly, how do you envision the future landscape of the air transport industry?
MB: The future of air transport is one of resilience and innovation. As traffic continues to recover, we will see more collaboration toward sustainable practices. While challenges remain, particularly in decarbonization, the integration of new technologies and commitment from industry stakeholders will pave the way for a more robust and responsible aviation sector.
ed: Thank you, Mathias, for your insights. It’s clear that while the air transport industry faced unprecedented challenges,the future holds exciting potential for growth and sustainability.
MB: Thank you for having me. It’s an exciting time for the industry, and I’m looking forward to seeing how it evolves.