In 2025, Aena delivered another year of growth across its airport portfolio in Spain, London-Luton and Brazil. The group handled 384.8 million passengers last year, up 4.2% compared with 2024. The Spanish airport network remained the core of the business, carrying 321.6 million passengers, up 3.9%, while London-Luton reached 17.6 million passengers, the Northeast Brazil Airport Group handled 16.8 million, and the Block of Eleven Airports in Brazil recorded 28.9 million. In Spain, growth was mainly driven by international traffic, which rose 5.9%, while domestic traffic declined slightly by 0.3%. Among the main airports Madrid-Barajas grew 3.0%, Barcelona-El Prat rose 4.4%, Málaga increased 7.4%, and Alicante 8.5%.

Financially, 2025 was a record year for Aena. Net profit reached EUR2,136.7mn, up 10.5% from EUR1,934.2mn in 2024. EBITDA increased 7.8% to EUR3,785mn, with a reported EBITDA margin of 59.3%, supported by higher traffic, stronger commercial activity and construction services revenue.

Commercial performance was a major feature of the year. Total commercial sales increased 8.5%, and total sales per passenger rose 4.4%. Rents invoiced increased 13.9%, supported by strong activity in duty-free, food and beverage, specialty retail, mobility and VIP services.

The positive trend continued into early 2026. In the first quarter, Aena reported net profit of EUR329.4mn, compared to EUR301.3mn in the same period of 2025. Group passenger traffic rose 3.8% to 81.3 million, including 65.6 million passengers in Spain, up 3.2%.