ANA Aeroportos in Portugal losses reach 80 million by 2020

Last Updated on 22/06/2021 by VdB

In 2020, ANA-Aeroportos revenues fell by almost 70%, in a year marked by the Covid-19 pandemic in which passenger traffic fell to 1998 levels.

Thierry Ligonniére – CEO ANA Aeroportos

The losses recorded were 79.7 million euros in 2020 due to what the company, which manages Portuguese airports, considers an unprecedented crisis that the pandemic caused. These figures compare with profits of €303 million achieved by the concessionaire the previous year.

In mid-April, and before the accounts were done, the company’s CEO, Thierry Ligonniére, put forward a more pessimistic scenario, pointing to losses of around €600 million in revenue, which is the first since its privatisation in 2013.

Even so, he noted, last year, in the midst of the crisis caused by the Covid-19 pandemic, ANA had invested about 76 million euros in its airport network, particularly in operational improvements at Humberto Delgado Airport in Lisbon and Francisco Sá Carneiro Airport in Porto.

For the official, the positive results obtained in previous years left the airport manager in a favourable situation to withstand the effects of the crisis in aviation, one of the sectors most affected by restrictions on mobility, to contain the pandemic.

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