Aena out of the red

AIRPORTS group Aena has left behind its losses of the pandemic years. With 243.7 million travellers using the country’s airports last year, Aena recovered 88.5 per cent of its air traffic compared with 2019.

Aena also made a net profit of €901.5 million compared with 2021’s losses of €475.4 million, the National Securities Market (CNMV) announced. In fact, Aena lost €60 million in 2021 but reformulated its accounts to allow for the negative impact of waiving rents on commercial premises in line with a government directive adjusting payments to airport traffic. It also had to pay compensation to leaseholders following court cases during the Covid period.

Partially­privatised AENA is paying a dividend of €4.75 per share, meaning the government’s 51 per cent holding will entitle it to €363 million.