Europe’s airports are profitable again, but will need to raise fees if they are to meet their sustainability targets, a trade body has claimed.
Following fresh discussions, Paris-based Ardian has entered a new agreement to buy a 22.6% stake of TopCo from Ferrovial (Credit: Heathrow airport)
Airports Council International said Europe’s airports made a net profit last year of €6.4 billion despite losing more than €20 billion during the pandemic. ACI said the result was achieved despite passenger numbers still being 21% below 2019 levels.
Addressing the ACI Congress in Barcelona, director general Olivier Jankovec said cost efficiencies and lower investment had allowed airports to return to profit.
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