JPM | Building Broadcast: HOLN,FER,FRA,ADP,DG,GET, AENA,PSN JPMC Construction Daily

Research evidence excerpt

JPM | Building Broadcast: HOLN,FER,FRA,ADP,DG,GET, AENA,PSN JPMC Construction Daily

ore than 30 years of intensive use since its

inauguration in 1994, Terminal 2 is in need of a thorough makeover. Prior to this, it had

only been possible to take appropriate steps without interrupting operations. Now,

however, thanks to the recent inauguration of Terminal 3 and the additional capacities that

are now available there, the ideal time has come to thoroughly and efficiently upgrade it.

By temporarily closing Terminal 2 for this project, Fraport is meeting the prerequisites

for significantly upgrading the airport’s infrastructure. All of the airlines that were based

at Terminal 2 have already moved to the new Terminal 3 in several waves. Some

important infrastructure – including apron positions, the baggage conveyor system, the

underground parking garage and the Sky Line people mover – will continue operating.

The connections among the terminals will also remain in place. Link to the press release.

• ADP & Vinci: Colas has been awarded a contract for the rehabilitation of runway

4 at Paris-Orly airport. Colas, acting as lead contractor for a consortium comprising its

subsidiaries, Colas France and Tersen, along with Spie Batignolles Valérian, JDC

Airports and Cegelec (a Vinci Energies subsidiary), has been selected by ADP to carry

out the rehabilitation of Runway 4 at Paris-Orly Airport. Work will begin in August 2026

and is expected to last about four months. More than 350 employees will be assigned to

renovate 3,350 meters, including runway 4 and its access roads. This major project also

includes the refurbishment of seven aircraft taxiways and the reconfiguration of a

strategic junction to improve traffic flow and safety. The operation further involves the