Projecte matriculat
Títol: Valuing Josep Tarradellas Barcelona-El Prat Airport: A Hypothetical Sale Price Assessment
Director/a: MELGOSA FARRÉS, MARC
Departament: FIS
Títol: Valuing Josep Tarradellas Barcelona-El Prat Airport: A Hypothetical Sale Price Assessment
Data inici oferta: 02-02-2026 Data finalització oferta: 02-10-2026
Estudis d'assignació del projecte:
GR ENG SIST AEROESP
| Tipus: Individual | |
| Lloc de realització: Fora UPC | |
| Supervisor/a extern: Ricard Castro Navarro | |
| Institució/Empresa: AENA | |
| Titulació del Director/a: Enginyer de Grau Aerospacial | |
| Paraules clau: | |
| Airport, price, economics, value, market | |
| Descripció del contingut i pla d'activitats: | |
| This project develops an estimated market value for Josep Tarradellas Barcelona-El Prat Airport under a hypothetical scenario in which the airport is sold to a private or institutional investor. The work frames the airport as a cash-generating infrastructure and evaluates it using standard valuation approaches applied in airport privatisations and concessions worldwide.
First, the project reviews the institutional and regulatory context (Spanish airport system, AENA model, concession structures, tariff regulation, and key legal constraints that would affect transferability). Second, it builds a financial model of the airport based on traffic, aeronautical and non-aeronautical revenues, operating costs, and others. Traffic and revenue drivers are forecast through scenarios (base, optimistic, and downside), incorporating demand sensitivity to macroeconomic conditions and airline network decisions. The outcome is a defensible interval estimate of the airport's sale price and the key determinants behind it, clearly stating assumptions, limitations, and the conditions under which the valuation would change. Plan of activities: (1) Background (2) Literature and previous work (3) Definition of assumptions and scenario design (4) Construction of the financial model (5) Results (6) Conclusions |
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| Orientació a l'estudiant: | |
| Requereix activitats hardware: No | |
| Requereix activitats software: No | |
| Horari d'atenció a estudiants per a l'assignació de projecte: |
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