Morgan Stanley – Acquisition of Minority Stake (Venice/Treviso)
AviaSolutions supported Morgan Stanley in its acquisition of a minority stake in SAVE, the holding company of Venice airport. Our mandate included development of long-term traffic forecasts for Venice and Treviso airports.
As part of the forecasting process, we engaged with a range of existing and potential airline customers for both airports. Combining this feedback with the results from a network benchmarking exercise, we developed a bottom up forecast analysis.
We thoroughly examined inbound tourism and the impact of city infrastructure constraints (hotels/space at key tourist sites etc.) on future tourism growth. We considered how growth in local industries would translate to air service demand. Finally, we also factored in competition from other airports in the region and how this may evolve over time.