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ACI“Europe’s favourite freighter hub”

28 april 2006

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Who we are…..

• 420,736 aircraft movements.

• 44.2 million passengers.• 1.45 million tonnes of cargo

• major infra developments• 5th runway in February 2003

• > 113 ICA destinations, 148 Euro destinations

• > 90 scheduled airlines

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A strong and growing cargo hub

0

200

400

600

800

1.000

1.200

1.400

1.600

1.800

2.000

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

Cargo hubs Europe 1995 - 2005(x .000 tonnes)

Frankfurt Paris Ch. de Gaulle Amsterdam London Heathrow

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No. 3 cargo mainport in Europe

0

200

400

600

800

1.000

1.200

1.400

1.600

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

Cargo hubs Europe 1995 - 2005(x .000 tonnes)

Amsterdam Brussels Luxembourg Liège

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Market sharesCargo to/from AMS per continent in 2005

Europe4% North America

21%

Latin America9%

Africa11%

Middle East13%

Asia42%

Europe

North America

Latin America

Africa

Middle East

Asia

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BUSINESS OUTLOOKBUSINESS OUTLOOK

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The primary aircargo flows (2004 volumes)

1.100 K1.500 K

1.800K1.200 K

350 K175 K

725 K400 K

1.180 K 1.700 K

310 K465 K

460 K345 K

Figures based on Boeing

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Trade flows NL (2004 volumes in tonnes)

0

200.000

400.000

600.000

800.000

1.000.000

AfricaAmericas

Asia PacificEurope

M. East & South AsiaAll partner countries

Air Weight, metric tons (Kg x 1000)

LegendAfricaAmericasAsia PacificEuropeM. East & South Asia

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…..per commodity

0

20.000

40.000

60.000

80.000

100.000

120.000

140.000

AfricaAmericas

Asia PacificEurope

M. East & South AsiaAll partner countries

Air Weight, metric tons (Kg x 1000)

Legend - - Bulbs, Dormant - - Bulbs, In Growth; Chicory Plants - - Dried Flowers & Foliage - - Fresh Cut Flowers - - Fresh Cut Foliage - - Fruit & Vegetable Plants, Live - - Live Plants, Cut Flowers etc. Not Defined - - Ornamental Plants, Live - - Other Plants, Live - - Plant Propagation

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Importance of full freighter service is increasing

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The Netherlands play an important role as European Distribution Centre

American EDC's (total 611)

Netherlands57%

Belgium/Luxembourg

13%

Germany7%

United Kingdom

12%

France6%

Other5%

Japanese EDC's (total 260)

Netherlands52%

Belgium/Luxembourg

14%

Germany23%

United Kingdom

6%

France5%

More U.S. and Japanese EDC’s locate in the Netherlands than any other European country

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Catchment areaOrigin and destination of AMS Cargo

• Europa: Aircargo substitued by RFS

• Approx. 60% AMS Cargo is non domestic– 70% < 500 km

Germany, Belgium,France

– 30% > 500 kmSpain, Italy,

Scandinavia

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Hub dynamicsHub dynamics

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Airports are there to create infrastructure

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The ideal cargo hub…..

1. Is located in the centre of world cargo flows.2. Direct access to all other major economic and

production centers. (network)3. Is a balanced marketplace for both import and

export.4. Offers attractive operational costs (labor, rent,

airport charges, handling charges and others) 5. Offers physical and economical infrastructure that

enables fast throughput, reliability at a reasonable price.

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Hub dynamics…

PUSHPULL VOLUME

&TRAFFI

C

GatewayHub

Cargo logistics

Rotation wheel

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Hub dynamics…

1. Economic activity determines the development of a cargo hub, not the other way around

2. Airlines and forwarders judge a hub on its size and power of the marketplace.

3. Power of the marketplace is determined by:1. Number, size and quality of trade partners.2. Overall costs.3. Business incentive measures.

Q X (P - C)