Schiphol Group is an airport company with Amsterdam Airport Schiphol as its main airport. We aim to create sustainable value for our stakeholders, taking into account the different interests they have. Our actions revolve around our core values: reliability, efficiency, hospitality, inspiration and sustainability.
Amsterdam Airport Schiphol is a well-equipped international airport with modern facilities. It offers these facilities to 101 scheduled airlines that transported 51 million passengers and 1.5 million tonnes of cargo to their destination via the Mainport in 2012. Our business operations are heavily dependent on home carrier KLM and its SkyTeam partners, which are responsible for approximately 70% of air traffic to and from Schiphol. Via Schiphol airport, passengers and cargo have direct access to 317 destinations all over the world; several times per day or per week. In addition, our regional airports Eindhoven Airport and Rotterdam The Hague Airport offer many direct European flights.
Schiphol airport, the KLM and SkyTeam hub network and the surrounding Amsterdam metropolitan area together have become Mainport Schiphol. Consequently, Mainport Schiphol is more than an airport with a worldwide network. The Mainport functions as a complex of mutually reinforcing companies and activities. Together they form an international and multimodal hub of flows of people, goods, money, information, knowledge and culture. Mainport Schiphol has become a high-level hub that connects the Netherlands through an extensive network to important economic, political and cultural centres in Europe and the rest of the world. As such, the activities at Schiphol are an important driving force of the Dutch economy and employment. It also makes the Amsterdam area an attractive location for internationally oriented companies and institutes. Its network of connections, which for the most part is formed by the dense European and intercontinental network of KLM and its SkyTeam partners, makes Schiphol one of the four main European airports. A unique performance, considering its small domestic market of the Netherlands.
The main airport, Schiphol, is operated as an AirportCity, a dynamic metropolitan area that offers passengers and airlines all the services they need, 24 hours a day. The AirportCity formula encompasses three business areas that complement and enhance each other. The business area Aviation plays a pivotal role at the airport, offering services for airlines and handling companies. Aviation supplies and manages the infrastructure that enables passengers, their luggage and cargo to depart and arrive in a pleasant, reliable and efficient manner. The business area Consumer Products & Services offers passengers an extensive range of products and services for carefree and comfortable travel. The business area Real Estate develops and manages property on and around Schiphol. Schiphol is an attractive location for companies, offering a wide variety of high-quality property in the form of office and business premises and logistics facilities. Approximately five hundred companies with a total of 64,000 employees are located at the AirportCity.
Schiphol Group participates as well in a number of regional airports such as Rotterdam The Hague Airport (100% interest) and Eindhoven Airport (51% interest). Furthermore, Schiphol Group has a 100% interest in the regional airport Lelystad Airport. Eindhoven Airport and Lelystad Airport strive to develop their own market positions and also play an important role in the management of the expected growth of Mainport Schiphol.
The aim is to strengthen Schiphol Group and, where possible, the position of Amsterdam Airport Schiphol, through our international activities. Efforts to achieve this include seeking cooperation with airports in other countries, with a focus on airports that are also important for SkyTeam. In this context, Schiphol Group has established a close collaboration with Aéroports de Paris, with which we have an 8% cross-shareholding. We are the operator of Terminal 4 at JFK International Airport in New York, which we are currently expanding in collaboration with Delta Airlines. We also have activities at airports in Australia, Italy, Hong Kong, Aruba and Sweden. Many of these activities have been developed over the past twenty years and now contribute substantially to the result of Schiphol Group.
At Schiphol, we work together with partners, government organisations and other parties in a variety of networks. Our business operations at Schiphol airport not only depend on airlines, but also on air traffic control, the slot coordinator, the national, provincial and municipal governments, handling and security companies, customs and the Dutch Border Police (Koninklijke Marechaussee). While these parties all have their own roles and responsibilities, close, long-term and constructive collaboration with them is the key to the successful operation of the airport.
Doing business with a socio-economic perspective
The activities of our airports have an important socio-economic function. To ensure the continuity of those activities in the competitive aviation sector, Schiphol Group applies a sound financial policy. We invest constantly in infrastructure and facilities for which we arrange financing ourselves. Consequently, it is very important to continue to maintain access to the capital market and to safeguard our credit ratings (S&P's A and Moody's A1). This solid position enables us to continue to carry out our role in society and to contribute to the strength and appeal of the Netherlands.
In 2012, our net revenue amounted to 1,353 million euros, net income to 199 million euros, proposed dividend to 582 euros per share and our return on equity was 6.2%.
Our role and position in the Dutch society and in the aviation sector also make our company interesting for talented employees. In 2012, Schiphol Group had 2,131 employees, 1,949 of whom work at the Schiphol location.
The shares of Schiphol Group are owned by the State of the Netherlands (70%), the municipality of Amsterdam (20%), Aéroports de Paris (8%) and the municipality of Rotterdam (2%).