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[BUSINESS] · Spain · 63 sources

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Spain approves 13 billion euro airport investment plan for 2027-2031

The Spanish government has approved the third Airport Regulation Document (DORA III) for the 2027-2031 period, outlining a massive investment plan of approximately 13 billion euros across the Aena-managed airport network. This funding, which is generated through the airport system itself rather than the general state budget, aims to modernize infrastructure, enhance security, and improve passenger experiences.

Key regional allocations include 469.5 million euros for Basque airports, with 364 million earmarked for Bilbao's Loiu airport. Galicia will see 207 million euros distributed among its airports, while Catalonia is slated to receive 1.963 billion euros. In the Balearic Islands, 1.03 billion euros is designated for upgrades, including a project for Ibiza to accommodate new Schengen entry/exit requirements.

Despite the significant investment, the plan has faced criticism. Political groups in the Balearic Islands have expressed concerns regarding tourism massification and the projected rise to 50 million annual passengers by 2031. Additionally, the PP has criticized the exclusion of a second runway for the Alicante-Elche airport. Regarding costs to travelers, the government has announced a near-freeze of airport fees, with a minimal average annual increase of only three cents per passenger.

Entities

Aena · Airline Association (ALA) · Barcelona-El Prat Airport · Bilbao Airport · Council of Ministers · DORA III · Extremadura · Madrid-Barajas Airport · Merlin Properties · Málaga · Més per Mallorca · Nostrum Evergreen

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Sources

La hora del Aeropuerto de Reus [www.diaridetarragona.com]