CORONAVIRUS: the impact on Airport Services Management Companies
Airport Services Management Companies, following the Coronavirus emergency they registered a reduction in passenger traffic of over 95%. We simulated the impact of the emergency on 19 companies in the sector which in 2018 they had generated about 3 billion euros in revenues with EBITDA aggregate of 38%. The simulation was carried out assuming a contraction for 2020 of 40% and 55% and should be considered as a simple "stress test" that we invite entrepreneurs to carry out on their companies, including other effects whose estimate can only depend on in-depth knowledge of their sector.
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