(April 29): Operators of Europe’s largest airports are warning of an increasingly uncertain outlook as the Middle East conflict adjusts flight schedules and restricts access to key airspaces.
Aeroports de Paris SA’s (ADP) first-quarter revenue unexpectedly fell as traffic on key routes disappeared and consumers spent less while waiting for their flights as a result of the war in Iran. Shares fell as much as 4.7% in Paris trading.
The operator of the main Paris gateways of Charles de Gaulle and Orly airports said the longer-term impact of higher fuel prices and traffic disturbance remains uncertain, though it confirmed its outlook on “the assumption of short-term disruption.”
Traffic between Paris airports and the Middle East amounted to 5.7 million passengers in 2025, or 5% of traffic in Paris, ADP said. The company also operates Jordan’s Amman airport, for which destinations in the Middle East accounted for 75% of traffic.
London’s Heathrow airport also said passenger numbers were likely to be weaker this year due to “significant uncertainty” in the Middle East. Europe’s busiest airport has not updated its outlook yet, though it said it had already seen some impact from the disruption and is closely monitoring developments.
Aena SME SA, which operates airports across Spain, the UK and Latin America, said traffic with the Middle East fell 13.4% in the first quarter.
See also: Airbus 1Q profit drops as earnings collapse at main aircraft unit
Fraport AG, the operator of Germany’s main Frankfurt hub, is due to report May 5.
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