Schiphol Airport Sets Record Investment Plan of €6 Billion for Upgrades

Schiphol Airport in Amsterdam has announced a historic investment of €6 billion by 2029 to improve its infrastructure and services. This plan extends a prior €3 billion investment set for 2024-2027. The airport aims to serve 65-68 million passengers in 2024, anticipating up to 473,000 flights annually.

Amsterdam's Schiphol Airport, one of Europe's primary aviation hubs, has pledged a record investment of €6 billion ($6.65 billion) by 2029, marking the largest investment plan in its history.

The airport has extended a previously announced €3 billion investment for the period from 2024 to 2027, continuing extensive renewal and maintenance works. Schiphol CEO Pieter van Oord stated, "Our infrastructure is the foundation of our service, but is currently far from what we want to offer our passengers as a quality airport in the Netherlands."

In 2024, Schiphol expects to handle between 65 and 68 million passengers and manage 470,000 to 473,000 flights. Last year, the Dutch government attempted to cap flights at around 450,000 to reduce noise, a move supported by Schiphol but resisted by the industry and the European Union. The airport now expects a capacity of 483,000 flights this year. ($1 = 0.9028 euros)

(With inputs from agencies.)