The half-yearly results published by the Vinci Airports group for its entire network can be summarised in a single line: a year-on-year change of 0.0 %, with 159.25 million passengers between January and June. However, this average masks very different trends across different parts of the network, which comprises more than 70 airports in 14 countries.
In the second quarter alone, passenger traffic fell by 1.3 % to 85.1 million passengers, whilst commercial movements fell by 2.2 % – a sharper decline than that in passenger numbers, suggesting a slight increase in average aircraft load factor. Vinci Airports attributes this quarterly decline to tensions in the Middle East and between China and Japan, as well as the rise in fuel which weighed on Chile and Mexico.
Other, significantly sharper declines are worth noting: in the United States, airports operated under management contracts (Hollywood Burbank, Atlantic City) recorded a 9.2 % fall in passenger traffic over the half-year, and a 20 % fall in commercial movements. In Cambodia, the decline reached 7.7 % in passenger numbers over the half-year, with a fall of 15 % in the second quarter alone and 8.8 % in commercial movements over the same period. Japan, for its part, saw a 5.6 % decline over the half-year via the Kansai hub, largely due to Sino-Japanese tensions.
At the other end of the table, Costa Rica (Guanacaste, +11 % in passenger numbers, +23 % in movements), the Dominican Republic (+10 % passengers) and Cape Verde (+11 % passengers, +13 % movements) recorded the strongest growth across the network, ahead of the Serbia (+7.2 1Q3Q) and Hungary (+5.4 1Q3Q). In France, the network contracted by 2.3 % over the half-year, but here too the average masks contrasting trends: theAirportAnnecy, which has a new terminal since May, saw its traffic more than double in the second quarter, when Clermont-Ferrand a 41 % drop over the same period. This contrast confirms the trend already observed at the end of 2025 on VINCI Airports’ French network alone, which was then losing momentum.
