Aena Plans $1.04B Investment For Canary Islands Airports

TFS rendering

An artist's rendering of an improved Tenerife Sur Airport.

Credit: Aena

Spain’s airport operator Aena has announced plans to invest more than €1 billion ($1.04 billion) in the Canary Islands’ airports to enhance infrastructure and services.

The investment plan includes significant projects for Tenerife's airports. Approximately €550 million is allocated for Tenerife Sur Airport (TFS), while Tenerife North-Ciudad de La Laguna Airport (TFN) is set to receive around €250 million. The design phases for these projects are expected to conclude within this year.

“These projects will lead to a significant increase in the quality and image offered to our users and, with this, an improvement in the passenger experience when passing through our facilities, as well as turning both airports into representative symbols of entry and exit to the island,” says Aena Executive Vice President Javier Marín.

The announcement was made during an event at TFS, where Aena President Maurici Lucena met with Fernando Clavijo, president of the Canary Islands government, and Rosa Dávila, president of the Tenerife Council.

Aena aims to modernize facilities and optimize operational processes at several Canary Islands airports through the introduction of new technologies and the architectural integration of terminals. One of the key transformations planned at TFS involves consolidating the terminal under a single roof.

In addition, Aena confirmed that designs for improvements at César Manrique-Lanzarote Airport are “advanced.” The project will involve upgrades to Terminals T1 and T2, as well as improvements to the apron area.

Gran Canaria Airport is the largest in the Canary Islands by available seat capacity, followed by TFS and Lanzarote. TFN is the fourth largest, according to OAG Schedules Analyser data. Ryanair is scheduled to have a 50% capacity share from TFS during the forthcoming northern summer season, while Binter Canarias is the largest airline operating from TFN, accounting for about 46% of capacity.

David Casey

David Casey is Editor in Chief of Routes, the global route development community's trusted source for news and information.