Last year, Prague Airport’s profit surged by one billion crowns, bringing its performance very close to pre-COVID levels. In 2019—the last full year before the pandemic—the airport reported an EBITDA of 4.5 billion crowns and a net profit of 3 billion crowns, handling a record 17.8 million passengers. In 2024, passenger numbers reached 16.4 million.

“We have returned to our pre-pandemic profitability,” said CEO Jiří Pos. “This shows that we have fully compensated for the loss of ČSA operations and flights from Russia and Ukraine, and are well positioned to finance our modernization plans.”

Key drivers of growth included:

• Expansion of air connections

• Competitive airport fees

• Improved operating conditions

Aviation fees generated 6.4 billion crowns last year, while non-aviation activities—such as leasing retail space and parking—added another 3 billion crowns. Capital investment totaled 1.6 billion crowns.

Looking ahead, management expects to welcome over 18 million passengers in 2025, setting a new record.

Prague Airport is state-owned, with shareholder rights exercised by the Ministry of Finance, its dividend recipient. To fund major terminal expansion and modernization—estimated at around 22 billion crowns—the airport and ministry have agreed to adjust dividend policy. From 2023 through 2027, only 20 percent of profits will go to the state treasury; thereafter, dividends will pause to support construction of a new Terminal 2, financed from internal resources or loans.