Feb 18 • 07:40 UTC 🇪🇸 Spain El País

Aena proposes a 10 billion investment and an annual fare increase of 3.8% from 2027 to 2031

Aena has announced a significant investment plan of 10 billion euros alongside a proposed annual fare increase of 3.8% for the period between 2027 and 2031, despite opposition from airlines.

Aena, Spain's airport operator, has revealed plans for a considerable investment of nearly 10 billion euros, set to enhance airport infrastructure during the upcoming regulatory period from 2027 to 2031. This investment is part of a broader initiative that totals 12.9 billion euros, as announced by President Pedro Sánchez, aimed at addressing safety, capacity, and service standards in Spanish airports. The proposed changes are part of Aena's third Regulatory Document for Airports (DORA III), which outlines not only the expected financial allocation but also the operational expectations for the next five years.

In conjunction with the investment plan, Aena has proposed an annual tariff increase of 3.8%, a decision met with severe criticism from airlines that have expressed requests for either freezing or reducing tariffs. The fare increase translates to an average rise of 43 cents per year, a small yet impactful adjustment as the operator anticipates accommodating approximately 1.69 billion travelers throughout the regulated period. This growth forecast comes with challenges, particularly given the airlines' opposition to rising costs in an already competitive market.

The implications of these changes extend beyond mere numbers; they signify a response to the evolving demands of air travel in Spain. Aena’s plan highlights the balancing act between necessary investments in airport security and capacity enhancements and the financial pressures faced by airlines, which could ultimately affect ticket pricing and passenger choices. This situation underscores the ongoing debate regarding the need for infrastructure investment versus the operational costs of travel that may pass down to consumers, potentially reshaping the landscape of air travel in Spain.

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