On February 11, 2003, the Italian Civil Aviation Authority (ENAC) appointed ADF SpA to manage “A. Vespucci” Florence Airport entering into a special Convention with the Company regulating the terms and conditions concerning the management and development of airport activity, including the design, implementation, adaptation, maintenance and use of the installations and infrastructures essential for carrying out such activities.

On October 21, 2003, ENAC issued the Regulations for Airport Construction and Operation. The Regulations identify the Operator Agency as the entity responsible for linking the operational-functional arrangements of the various institutional bodies operating in the Airport, and prescribe the requirements for the construction and operation of airports open to commercial air traffic. Compliance with these requirements is verified by ENAC and the certified Agency (through the issue of a special Airport Certificate).

Florence Airport was certified by ENAC on November 30, 2004 after the appropriate compliance checks had been carried out on the safety requirements prescribed by the Airport Construction and Operation Regulations, which introduced the technical content of the ICAO Annexes (particularly Annex 14 Volume 1 Aerodromes) as regards both the airport’s physical characteristics (infrastructures, installations, systems, adjoining areas) and the operator’s corporate and operational organisation (i.e. its resources, personnel and procedures).

Florence Airport, in line with the requirements of the Regulations for Airport Construction and Operation, has adopted a Safety Management System which is applied to all the activities carried out in the airport. The Safety Management System is a system designed to ensure that airport operations are carried out in the safety conditions specified. The main safety-related areas monitored are:

*    Communications, Information and Training
*    Risk Management
*    Operational Control
*    Accident Management and Analysis
*    Emergency Management
*    Inspection and Audit
*    Performance Measurement.