aena

Aena nuevita

Council of Ministers approves additional €351-million investment in Aena’s current five-year investment plan

Link Securities | The Council of Ministers has approved an additional investment to those planned in Aena’s (AENA) current five-year investment plan (known as DORA II, Airport Regulation Document 2022-2026) worth €351 million. These are investments that could not be foreseen before the approval of this Dora II and which bring forward necessary actions that would, in any case, be carried out in the next Dora III period (from 2027…


aena el prat

Ministry of Transport and Generalitat give green light to El Prat airport expansion

Intermoney | Aena (AENA) (Buy, Target Price €215/share) announced on Tuesday the agreement between the Ministry of Transport and the Generalitat de Catalunya, approving the operator’s plan for the expansion of El Prat Josep Tarradellas airport in Barcelona. The work, which will involve an investment of some €3.2 billion, will consist of extending one of the runways by 500 metres to a length of 3,160 metres, which will allow the…


Aena nuevita

Aena to execute 10×1 split on 19 June, and announces 3% increase in passenger traffic in Spain in May

Intermoney | Aena (AENA) (Buy, Target Price £215/share) confirmed on Thursday that it will execute the previously announced 10×1 split next Thursday, 19 June; this measure was already announced in conjunction with the 2024 annual results. On the other hand, the operator announced, with the market open, passenger and freight traffic figures for May 2025. The figures for Spain showed an increase of 3% last month to over 29 million…


aena barajas3CM

Aena passenger numbers accelerate to 6.3% in April, 5.2% increase accumulated so far this year

Bankinter | Passenger numbers accelerate to 6.3% in April (year-on-year) compared to 4.2% previously, supported by the ‘Easter effect’. Aena airports recorded 27.2 million passengers in April. This represents an increase of 6.3% year-on-year, compared to 4.2% in the previous month. This brings the cumulative increase for the year to date to 5.2%, compared to 4.7% previously. Bankinter analysis team’s opinion: Good news for Aena. Airport traffic continues to break…


Aena nuevita

Airport traffic in Spain rises 4% in March to almost 24 million passengers, and up 5% year-to-date

Intermoney | Aena (Buy, PO 215 ) announced yesterday with the market open the passenger and freight traffic to March 2025. Figures in Spain showed an increase of 4% last month to just under 24 million passengers, of which almost 10 million were distributed between Barajas and El Prat, which increased their figures by just under 3%. Among the other major airports, Malaga (8%) and Alicante (16%) stood out. So…


aena el prat

Aena confirms traffic forecasts up 3.4% to 320 million passengers by 2025, and announces 10-for-1 share split

Intermoney | Aena (Buy, PO €215) held its shareholders’ meeting yesterday at which its chairman Ignacio Lucena confirmed their passenger traffic guidance in Spain of 320 million, implying an annual increase of +3.4%. The forecast was formally announced at the last presentation of the 2024 annual results, held at the end of February. In addition, the operator approved a future 10-for-1 share split, something that was also announced then and…


Luton

British authorities approve expansion of Luton, 51% owned by Aena, for around €2,880 million

Renta 4 | The relevant authorities have agreed to give the green light to the expansion of capacity at the British airport Luton, in which Aena has a 51% stake and which in 2024 accounted for just over 5% of the group’s EBITDA with 16.7 million passengers. Current capacity is set at 18 million passengers, but it has already been agreed to expand it to 19 million. This new expansion…


Aena nuevita

Aena profit rises 19% in 2024 to €1,934 million, above pre-pandemic figures

Intermoney | Aena (AENA) (Buy, Target Price €215/share) has announced its 2024 annual results and will hold a conference call today at 1pm. The main figures are shown in the following table. Based on last year’s traffic levels, which far exceeded pre-pandemic records (112% in Spain), Aena generated EBITDA of €3.51 billion in 2024 (up 16%), or 127% of the 2019 figure, quite in line with estimated IMV (€3.52 billion)….


Aena nuevo

Aena calls Ryanair’s elimination of 12 routes and 800,000 seats at regional airports by summer 2025 “blackmail”

Norbolsa | Aena’s conflict with Ryanair over airport charges continues. The airline has reduced regional flights in Spain and is demanding incentives to expand. Aena, backed by the government, rejects its demands, accusing it of blackmail, while the airline defends its low-fare model as key to tourism and connectivity. Last week, Aena president Maurici Lucena and the Irish airline’s CEO Eddie Wilson clashed in a debate organised by Hotusa. Lucena…


Aena

Ryanair calls on Aena to sell ‘failed’ regional airports

Link Securities | The cross accusations between Ryanair and Aena (AENA) continue, after the Irish airline took the decision to eliminate routes in Spain due to ‘excessive fees and the lack of effectiveness of incentive plans’ by the airport manager, as reported on Tuesday by Bolsamanía.com. Now, the airline is going one step further and is asking Aena to sell its regional airports. ‘Minister Puente has two options: he can…