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Aena, Spain's airport operator, has announced plans to invest EUR 12.88 billion (USD 15.24 billion) between 2027 and 2031 to upgrade airport terminals. Chief Executive Maurici Lucena explained that Madrid and Barcelona airports are already nearing full capacity, highlighting the need for new investment to address congestion. The operator had previously allocated EUR 3.54 billion in the last four-year plan, making this a substantial rise. The new investments will fall under Aena's regulatory framework DORA III and are expected to strengthen Spain's two busiest airports while modernising the overall passenger infrastructure.
Aena, Spain's leading airport operator, has set out a plan to invest EUR 12.88 billion (around USD 15.24 billion) in terminal improvements during the period from 2027 to 2031. Advertisement
Chief Executive Maurici Lucena noted that Madrid and Barcelona airports are already operating close to their capacity limits and require further expansion. He pointed out that both hubs are very full, underlining the urgency of additional upgrades to accommodate passenger growth in the coming years.
This new programme represents a sharp rise compared to Aena's previous plan, which allocated EUR 3.54 billion over a four-year cycle. The operator, which is also the world's largest in terms of passenger traffic, is now preparing its investment roadmap under the regulatory framework known as DORA III, which will guide airport spending during the 2027-2031 period.
The planned investment will involve consultation with airlines and other stakeholders before final approval. The upgrades are expected to focus on easing congestion at key hubs, expanding terminal space, and introducing modern infrastructure to manage rising passenger volumes more efficiently. Aena's aim is to ensure its busiest airports can continue operating smoothly as air travel demand increases.
Source Reuters
5th Jun, 2025
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