Spanish government approves €13,000m airport investment plan

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  • Spanish government approves €13bn airport investment plan
  • DORA III covers 2027 to 2031
  • Madrid-Barajas receives €4.477bn
  • Airport charges rise by 0.33pc annually
  • Capacity projected to exceed 358m passengers by 2031

The Spanish government has approved the DORA III airport regulation document greenlighting a €13bn investment plan to expand and modernise the country’s aviation infrastructure between 2027 and 2031. Revealed by the Ministry of Transport, this funding wave is designed to help national airport operator Aena handle record-breaking passenger numbers which are projected to exceed 358m annually by 2031. The multi-billion euro strategy will be entirely self-financed through Aena’s own operations.

Regulated investments of €9.99bn are directly allocated to core aeronautical operations, safety and capacity extensions marking a leap from the €450m spent annually during the previous five-year block. The remaining €3bn will fund non-regulated activities including commercial spaces, cybersecurity, digital transformation and environmental sustainability. Madrid-Barajas receives the highest individual backing at €4.477bn. Barcelona-El Prat is earmarked for €1.765bn. The Canary Islands are set to receive a collective €1.807bn. The Balearic Islands receive over €1bn. Málaga Airport will receive €830m while the Valencian Community is allocated €1.27bn.

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The approved DORA III restricts the average annual airport charge increase to just 0.33pc translating to a minimal increase of roughly three cents per passenger each year.

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