AUC vs. DUC
In 2023, the terminal AUC was +0.3% (or +0.38 €2017) higher than the planned DUC. This results from the combination of significantly lower than planned TNSUs (-6.5%) and significantly lower than planned terminal costs in real terms (-6.2%, or -2.0 M€2017). It should be noted that actual inflation index in 2023 was +12.9 p.p. higher than planned.
Terminal service units
The difference between actual and planned TNSUs (-6.5%) falls outside the ±2% dead band, but does not exceed the ±10% threshold foreseen in the traffic risk sharing mechanism. The resulting loss of terminal revenues is therefore shared between the ANSP and the airspace users.
Terminal costs by entity
The 2023 actual real terminal costs are -6.2% (-2.0 M€2017) lower than planned for the TCZ1. This results from lower than planned costs for the main ANSP, ENAV (-6.3%, or -2.0 M€2017) and the NSA (-0.8%, or -0.002 M€2017).
Terminal costs for the main ANSP at charging zone level
The 2023 actual real terminal ANS costs are significantly lower than planned for ENAV TCZ1 (-6.3%, or -2.0 M€2017), mainly due to a higher than planned inflation index in 2023 and from:
- Significantly lower than planned staff costs (-8.0%), but higher in nominal terms (+3.1%), reported to be mainly due to “hirings, and agreements with the trade unions with regard to working hours flexibility, recovery of inflation of approximately 5.2%, and increase in salary of 2% per annum over 2023-2025”,
- Significantly lower than planned other operating costs (-21.9%), without explanations,
- Significantly lower than planned depreciation (-10.6%), no explanation is provided beyond the fact that the difference will be reimbursed to users,
- Significantly higher than planned cost of capital (+28.7%), reported to be mainly due to ”the increase in the average interest on debt from 1.86% to 5.00% (including the debt risk premium equal to 3.83%)“.