Aena and Amadeus warn slower 2026 growth as Middle East war dampens air travel demand

Spanish airport operator Aena reported a net profit of €1.002 billion for the first half of 2026 and an EBITDA of €1.799 billion, while maintaining its forecast of about 3% passenger‑traffic growth for the year. The company highlighted heightened uncertainty for the second half, citing the Israel‑Iran conflict and related disruptions in the Strait of Hormuz that have temporarily diverted travelers to Spain but also reduced flight‑seat occupancy.

Travel‑technology group Amadeus expects its second‑quarter 2026 revenue to rise only about 1%, with EBITDA essentially flat and net profit roughly 5% lower than a year earlier. The firm warned that a slowdown in airline bookings, especially in its distribution segment, could force a revision of its 2026 growth targets if the summer season does not deliver a stronger recovery. Both companies noted that the ongoing Middle East war remains a key risk to their outlooks.