Commercial activity delivered a “noteworthy performance”, according to Aena.

Aena Group has posted robust results for the first nine months of 2025, reflecting sustained growth across its operations.

Commercial revenue rose +10.8%, to €1,466.1m (US$1,696.9m), compared with the same period in 2024. Aeronautical revenue grew by +5.5%, to reach €2,556.2m (US$2,958.5), +5.5% more than in 2024. Total consolidated revenue rose +8.8% to €4,785.2m.

Aena recorded a net profit of €1,579.4m in the first nine months of 2025, up +8.9% from €1,449.8m a year earlier. Group EBITDA reached €2,882.7m, representing an +8.2% year-on-year increase, and a margin of 60.2%.

The group’s passenger traffic (including Spain, London-Luton and Aena Brasil airports) grew +by 4.1% year-on-year, to 294.1 million passengers. In Spain, the increase was +3.9%, to 247.1 million passengers.

Aena acknowledged the “noteworthy performance” of its commercial activity in the year to date. Total sales were +8.7% higher than in 2024, with total sales per passenger up +4.7%.

Total business revenue (the sum of fixed and variable rents invoiced and Minimum Annual Guaranteed Rents to be invoiced) increased by +13% over the same period in the previous year.

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