Aena Nine Month Profit Rises 12 Percent

Spanish airport operator Aena reported a 12 percent rise in its nine month net profit to 1.77 billion euros. Passenger traffic at its Spanish airports grew faster than forecast, boosted by robust travel demand.

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A view of the logo of Spanish airport operator Aena at the Gran Canaria airport in Telde, Spain April 25, 2024. REUTERS/Borja Suarez

AENA SME SA posted a net profit of €1.77 billion ($1.97 billion) for the first nine months, rising 12% from a year earlier. The operator's passenger traffic growth outpaced its annual projections amid a broader regional travel shift. The earnings highlight strong demand across Spain, which is drawing travelers seeking alternatives to destinations affected by conflict involving Iran.