By Mauro Orru

 

Vinci SA said Thursday that passenger traffic at its airports plunged in the second quarter due to the coronavirus pandemic.

Vinci Airports--a subsidiary of Vinci Concessions, owned by Vinci--said passenger traffic fell 96.4% in the second quarter to 2.38 million passengers, while traffic fell 61.4% in the first half of the year to 47.7 million passengers.

"The travel restrictions imposed by many countries caused operations across the Vinci Airports network to grind to a near standstill in the second quarter," the company said.

However, passenger traffic is slowly resuming, the company said, after the recent lifting of restrictions.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

July 16, 2020 13:06 ET (17:06 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Vinci (PK) (USOTC:VCISY)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Vinci (PK) Charts.
Vinci (PK) (USOTC:VCISY)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Vinci (PK) Charts.