Spain, Brazil, UK Aena’s 2025 Growth Paves the Way for Continued Tourism Boom Across Europe, South America, and the UK

Published on February 26, 2026

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Aena, Spain’s leading airport management group, has posted impressive financial results for 2025, showcasing its significant role in the global aviation sector. The group reported a net profit of 2.14 billion euros, marking a notable increase of 10.5% compared to the previous year’s earnings of 1.93 billion euros. The financial growth is coupled with a surge in passenger traffic, which has been key to Aena’s continued success, including its robust operations in Spain and international expansions, particularly in Brazil and the UK.

In 2025, Aena’s airports handled a total of 384.8 million passengers, a 4.2% increase from 2024, reaffirming the growing demand for air travel globally. The growth is especially noteworthy in Spain, where Aena’s 46 airports saw passenger numbers rise by 3.9%, reaching 321.6 million. This marks a significant milestone in the recovery and growth trajectory of Spain’s aviation sector, post-pandemic.

Aena’s Financial Success: Record Growth in Passenger Traffic

The 2025 fiscal year marked a banner year for Aena, with gross operating profit (EBITDA) reaching 3.79 billion euros, a rise of 7.8% compared to the previous year. The company’s EBITDA margin stood at an impressive 59.3%, a slight decrease from 2024’s 60.2%, yet still solidly within a healthy range. Excluding the impact of IFRIC 12, which applies to public-private partnerships, Aena’s EBITDA margin improved to 61.4%, a sign of efficient operational management.

Aena’s revenue from commercial activities also showed solid growth. Commercial revenue rose by 11% to 1.98 billion euros, underscoring the importance of non-aeronautical revenue streams, which are vital for diversifying income. The total consolidated revenue for Aena in 2025 stood at 6.38 billion euros, a 9.5% increase from the previous year.

Significant International Expansion: Aena’s Global Growth Strategy

Aena’s success is not limited to Spain. The group has made significant strides in international markets, particularly in Brazil. At the end of 2025, Aena secured BRL 5.7 billion (approximately 1 billion euros) in funding to modernize 11 airports in Brazil, including key facilities such as Congonhas Airport in São Paulo. This move is part of Aena’s strategy to strengthen its international footprint and expand its global operations.

In addition to its Brazilian operations, Aena’s acquisition of a 51% stake in Leeds Bradford Airport and 49% in Newcastle Airport at the end of 2025 further enhances its portfolio in the UK. This acquisition aligns with Aena’s vision to become a leading player in the global airport management sector, extending its reach across multiple continents.

Aena’s Dividend Proposal and Future Outlook

Aena’s strong financial performance in 2025 has paved the way for a proposed dividend payout of 1.09 euros per share, an 11.7% increase compared to 2024. This payout aligns with Aena’s policy of distributing 80% of its net profit to shareholders, demonstrating the company’s commitment to rewarding investors while maintaining a stable financial position.

Looking forward to 2026, Aena is forecasting a 1.3% increase in passenger volume across its Spanish airport network, with an expected 326 million passengers. This conservative but steady growth forecast reflects a continued recovery in global air travel, particularly in light of the easing of travel restrictions and rising demand for international flights.

Conclusion: Aena’s Continued Growth and Key Milestones

Aena’s stellar financial performance and passenger growth in 2025 reinforce its position as one of the world’s leading airport management companies. With a focus on operational excellence, international expansion, and steady growth in both passenger traffic and commercial revenue, Aena is poised for further success in the years to come. As the aviation industry recovers and continues to grow, Aena’s strategic investments, such as its international acquisitions and infrastructure modernization efforts in Brazil, will ensure its leadership position in the global airport management market.

For 2026 and beyond, Aena’s ongoing commitment to enhancing passenger experience, expanding its global network, and maintaining robust financial health ensures that the company will continue to thrive in an increasingly competitive global aviation industry.