ANA decides to hike airport taxes by 14.55%

 In Airport taxes, Aviation, News

The company that runs Portugal’s airports, ANA – Aeroportos de Portugal, has decided to hike airport taxes by a total of 14.55% for all of its airports from 2024, the equivalent of €1.60 per passenger.

It means a 17% increase in taxes at Lisbon airport and 12% at Porto. According to Jornal de Negócios, the increase takes into account the average annual variation in rates as a result of the formula provided for in its concession contract (based on the inflation rate and the ratio between eligible capital investment and EBITDA) of 13.38% and an additional one due to adjustments due to estimation errors for 2022, which is reported to be more than €18.4 million and which, plus interest, exceeds €20.7 million.
ANA explains that, in 2024, the maximum average regulated revenue (RRMM) that it is authorised to charge for airports in the Lisbon group (which includes Humberto Delgado, but also Beja, Azores and Madeira) is 14, 61 euros per passenger, which will translate into a variation in regulated fees per passenger of 1.64 euros (12.64% more). To the proposal, it adds 50 cents per passenger in the Lisbon group, that is, an additional 3.86 percentage points to include the recovery of the estimation error deviation found last year.
Ryanair has already strongly criticised ANA’s proposal to increase airport charges in Portugal by up to 17% starting in 2024. ANA, operated by VINCI Airports, is planning to implement these significant charge hikes at airports across Portugal, including Lisbon, Porto, Faro, the Azores, and Madeira. Ryanair argues that such increases, especially in the island regions of Madeira and the Azores, will have a detrimental impact on Portugal’s connectivity, tourism, and employment prospects.