Aena's Q1 loss narrows as traffic recovers to 72% of pre-pandemic level

Spanish airport operator Aena said on Wednesday its net loss in the frist quarter narrowed 60% from a the same period a year ago as traffic recovered 72% of its pre-pandemic level. Aena posted a net loss of E96.4m in the January through March period. Passengers in the airports it operates in Spain and elsewhere jumped almost four-fold to 43m during the quarter boosting aeronautical servieces revenues 277% from the same period a year ago. A regulation change on the leasing of its shop areas caused Aena’s commercial revenues to fall 7.6% during the first quarter. Traffic at Spanish airports grew 360% to 37.9m passengers during the quarter from the first three months of 2021. <br/>