Business areas
The operation of airports and the development of AirportCities involve three inextricably linked business areas: Aviation, Consumers and Real Estate. The integrated activities of Aviation, Consumers and Real Estate form the core of the AirportCity concept. This concept is not only applied to Amsterdam Airport Schiphol but also – either comprehensively or partially – to other airports, particularly by the Alliances & Participations business area.
Aviation
The Aviation business area operates solely at Amsterdam Airport Schiphol. Aviation provides services and facilities to airlines, passengers and handling agents. The Netherlands Competition Authority (NMa) regulates the charges.
Sources of revenue: airport charges (aircraft, passenger and security charges) and concession fees (paid by oil companies for the right to provide aircraft refuelling services).
Consumers
The activities of the Consumers business area comprise the operation of shops and car parks, the granting of concessions for shops and food service outlets, and the marketing of advertising opportunities at Amsterdam Airport Schiphol.
The Consumers business area also has activities in airports outside the Netherlands involving the operation of retail outlets via management contracts.
Sources of revenue: retail sales, parking charges, concession fees, advertising and management fees.
Real Estate
The Real Estate business area develops, manages, operates and invests in property at and around airports at home and abroad. The greater part of the portfolio, comprising both operational and commercial real estate, is located at and around Amsterdam Airport Schiphol.
Sources of revenue: income from the development and lease of premises and buildings. The business area also makes a significant contribution to Schiphol Group results via other property results (result on sales, fair value gains or losses on property and the lease of land).
Alliances & Participations
Alliances & Participations includes Schiphol Group’s interests in the domestic airports, interests in airports abroad, other investments and Utilities.
Sources of revenue: mainly airport charges and parking fees. The foreign airports contribute to the group result through performance fees and dividends as accounted for in share in results, through the interest they pay on loans and through intellectual property fees. The Utility activities generate revenue from the transport of electricity and gas and from the supply of water. By applying the equity method of accounting, changes in the fair value of the investments are not reflected in the results.
