Overview
- Aena reported a €1,002 million net profit for the first half of 2026, with total revenues of €3,299.6 million, EBITDA of €1,798.9 million and €916.3 million of investment.
- Group traffic rose 3.9% in H1 to about 190 million passengers, while the Spanish network grew roughly 3.7% as some travellers switched from high‑speed rail to air after the Adamuz accident disrupted the Barcelona–Madrid corridor.
- The company raised its full‑year passenger growth forecast to around 3% from a prior 1.3% and says the lift follows a temporary diversion of tourists to Spain linked to the Middle East crisis.
- Aena warned that the end of airlines' fuel hedges, the future path of the Middle East conflict and weakening load factors create elevated downside risk for the second half of 2026.
- The group has increased investment and completed a €340 million outlay for a 51% stake in Augusta, and it is awaiting September approval of the DORA 2027–2031 regulatory framework that will set allowed investments and airport tariffs.