Aena SME SA

AENA: XMAD (ESP)

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We Increase Aena's FVE as We Ramp Up Our Recovery Forecasts

Joachim Kotze

Mar 29, 2022

Business Strategy and Outlook

The Aena group owns 46 commercial airports in Spain and has stakes in 23 international airports, including London Luton and a group of six Brazilian airports. In 2019, before the impact of coronavirus on the industry, the group saw 275 million passengers pass through its airports in Spain. Aena’s passenger traffic growth of 7% per year from 2014 to 2019 outstripped that of its largest European peers by a wide margin, with the average growth in passenger numbers of the peer group over the same period at 3.4% per year.

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Aena SME SA

We Increase Aena's FVE as We Ramp Up Our Recovery Forecasts

Business Strategy and Outlook

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