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Schiphol Group

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Schiphol Group offices

Royal Schiphol Group is a Dutch company with its head office on the grounds of Amsterdam Airport Schiphol in Haarlemmermeer, Netherlands.[1]

History

In October 2008, the boards of Aéroports de Paris and the Schiphol groups agreed to take stakes of eight percent each in the other's company, making the newly-formed group the world's largest airport group.[2]

In 2011, the Schiphol group signed an agreement with Aéroports de Paris and Incheon International Airport to cooperate on their customer relationship and marketing know-hows. The cooperation agreement was renewed in January 2014.[3]

On March 2014, the Schiphol group bought 38.85% of the AREB property fund to control 17 strategic properties on the Amsterdam airport.[4]

In March 2015, the Schiphol group sold 60% of Schiphol Airport Retail, the entity that handles retail stores within the airport, to the Heinemann Duty Free & Travel Value.[5][6] The revenue from retail sales is replaced by a concession fee and a share in the results of associates.[7]

In March 2016, the Schiphol group authorized the construction of a new terminal at the Amsterdam Airport Schiphol, set to be ready by 2023, and with a capacity of 14 million passengers a year.[8]

Financial structure

The Schiphol Group is 100% shareholder of Amsterdam Airport Schiphol, Rotterdam The Hague Airport, and Lelystad Airport. It also owns 51% of Eindhoven Airport and 19% of Brisbane Airport. The group holds the operating franchise for John F. Kennedy International Airport's Terminal 4.

The Schiphol group is owned by the Dutch Ministry of Finance (69.77%), the municipalities of Amsterdam (20.03%) and Rotterdam (2.2%) and Aéroports de Paris (8.00%).

In 2014, the group reported €672 million in revenue, a 3.4% increase to the previous year.[4] The group's CEO, Jos Nijhuis, earned a €900,000 salary that same year.[9]

References

  1. ^ "Contact." Royal Schiphol Group. Retrieved on 8 November 2010.
  2. ^ Lolke van der Heide (21 October 2008). "A Little Bit of Schiphol Is Privatized: Paris and Amsterdam Airports to Increase Cooperation". Spiegel.de.
  3. ^ Alain Lebas (20 January 2014). "Aéroports de Paris, Schiphol Group et Incheon Airport renouvellent leur accord de coopération". Air-journal.fr (in French).
  4. ^ a b "Schiphol group reports revenue and traffic rise". Airport-world.com. 1 September 2014.
  5. ^ "Rising revenues nd contract extension at Hamburg international airport for Gebr Heinemann". Airport-world.com. 30 March 2016.
  6. ^ Andrew Penthol (25 March 2015). "Schiphol Group sells 60% retail subsidiary stake to Heinemann". Dfnionline.com.
  7. ^ Charlotte Turner (19 February 2016). "Schiphol concession revenue +26%: SPH flat". Trbusiness.com.
  8. ^ Linda Blachly (21 March 2016). "Amsterdam's Schiphol airport approved for major expansion". Atwonline.com.
  9. ^ "Mega bonus for Schiphol boss: airport security under pressure". Dutchnews.nl. 14 April 2015.


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