Overview
- Prime Minister Pedro Sánchez announced the 2027–2031 plan, with nearly €10 billion for regulated aeronautical projects and €1.5 billion for technology and sustainability.
- Flagship works include €3.2 billion at Barcelona-El Prat for a runway extension and a new satellite terminal and €2.4 billion at Madrid-Barajas to lift capacity to 90 million through terminal upgrades.
- Further funds target high-traffic destinations, with roughly €1.5 billion for Málaga, €1.1 billion for Alicante, €400 million for Valencia, and €550 million and €250 million for Tenerife Norte and Tenerife Sur.
- Aena projects about 320 million passengers in 2025 and says airport charges fund expansion; its shares fell around 4.7% after the plan was outlined and cabinet review is slated for October 15.
- Ryanair has removed about one million winter seats and is suspending Tenerife Norte and Vigo routes, while Vueling, Iberia Express and Binter add roughly 434,000 seats and Vueling ramps up toward 1.5 million this winter, with Volotea and Wizz Air planning growth.