Paris Airports: Rejection of the 2026 Tariff Proposal by the ART
Paris Airports has been notified of the refusal by the Transport Regulation Authority (ART) to approve its tariff proposal for the 2026-2027 period. Consequently, the tariffs in effect since April 2025 will remain applicable from April 1, 2026.
ADP Group submitted two proposals to the ART. The first, notified on October 17, 2025, proposed a uniform tariff increase of 1.5% for the fees at Paris-Charles de Gaulle and Paris-Orly platforms, along with a 15% increase for the fee assisting disabled and reduced mobility persons. The ART rejected this initial proposal on December 16, 2025, except for the fee for disabled and reduced mobility assistance, which was approved. A second proposal was submitted on January 15, 2026, which suggested a freeze on average tariffs and a continuation of the 2025 tariffs, with an adjustment in the difference between fare bands for passengers. This second proposal was also rejected by the ART on February 10, 2026.
Continuation of Existing Tariffs
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In accordance with the provisions of the transport code, the airport fee tariffs in force since April 1, 2025, will remain applicable for the new tariff period starting April 1, 2026. The only exception is the previously approved 15% increase in the fee for assistance to disabled and reduced mobility persons, which will apply.
SectorConstruction et infrastructures›Infrastructures
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Context
Period
Period: 9M 2026
Key reported figures
Revenue: 5 106 millions d'euros
Quarterly revenue: 5 106 millions d'euros
Revenue growth: 1,4 %
Guidance from the release
Whilst taking these measures into account, Groupe ADP is monitoring the latest traffic forecasts and the prolonged nature of the tensions in the Middle East
Risks mentioned
Disruptions to the operating environment related to the conflict in the Middle East, particularly affecting international traffic flows
Traffic continues to be adversely affected by reduction in IndiGo's flight schedules and airlines facing rising fuel prices
Works taking place at Paris-Orly airport leading to reduction in flight schedules and limited transfers to Paris-Charles de Gaulle
Opportunities identified
Extension of Tbilisi airport concession period to 31 December 2031 with USD150 million investment planned
GMR Airports commences operations at Nagpur and Bhogapuram airports with significant capacity for future growth
Opening of two new P/S private terminals in Dallas-Fort Worth and Miami to expand private aviation services
Outlook / guidance
Expected EBITDA: 2 300 millions d'euros
Management commentary: « compte tenu d'un environnement opérationnel toujours difficile, le Groupe anticipe un EBITDA courant pour 2026 dans le bas de la fourchette de 2 300 à 2 350 millions d'euros »
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
