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Groupe ADP Downgrades Paris Traffic Outlook Amid September Slump

Groupe ADP has abandoned its growth targets for Paris passenger traffic, signaling a contraction for 2026 rather than the previously projected 0.5% gain. The airport operator pointed to a volatile mix of surging fuel costs and sudden airline capacity cuts that dampened travel demand throughout September.

Groupe ADP Downgrades Paris Traffic Outlook Amid September Slump

The operator reported that September footfall across its Paris hubs dropped to 9.08 million passengers, a 1.6% decline compared to the same period last year. This cooling trend, combined with performance data from the first nine months of the year, forced the company to recalibrate its financial expectations for the remainder of the fiscal cycle.

Financial guidance for recurring earnings has shifted toward the bottom of the group’s earlier projections. The company now anticipates recurring Ebitda will land at the lower end of its previously stated 2.3 billion to 2.35 billion euro range. By tightening capacity, airlines are directly impacting the throughput of the region's primary transit gateways.

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