Infracapital appoints AviaSolutions for London Luton Airport DD
In 2018, AviaSolutions was engaged to provide full commercial due diligence services to Infracapital with respect to the potential sale of a 49% stake in London Luton Airport. The due diligence focussed on those aspects which most influence value and risk.
We provided a passenger traffic assessment in the context of the London aviation market, the airport’s capital development programme and aeronautical charges. Base case, low case and high case passenger forecasts; and revenue / yield aeronautical forecasts for all cases. We assessed the impact of evolving capacity constraints in the London aviation market and guidance on non-aeronautical activities, operating costs and the capital investment programme. Lastly we provided Busy-day / busy-hour throughput analysis based on annual traffic forecasts to highlight expected peak-hour demand on airfield and terminal facilities.