€6bn investment plan to improve Schiphol

Schiphol has announced the biggest investment plan in the airport's history, to improve its infrastructure, working conditions and service for passengers and airlines with a proposal to invest €6 billion over the next five years.

Airplane landing on Schiphol airport in Amsterdam the Netherland

Schiphol has announced the biggest investment plan in the airport’s history, to improve its infrastructure, working conditions and service for passengers and airlines with a proposal to invest €6 billion over the next five years.

In the first half year of 2024, the Schiphol Group airports welcomed 36.1 million passengers. 31.8 million passengers (+11%) flew to, from or via Amsterdam Airport Schiphol. The number of flights to and from Schiphol was 230,417 (+12%).

The interim results of 2024 underline Schiphol’s path towards financial recovery after several difficult years. In the first half year, Schiphol Group’s underlying net result is €99 million.

Despite a smooth operational performance this May and summer holidays, overall passenger satisfaction is not at the required level.

CEO Pieter van Oord said: “In my first three months, I am impressed by the resilience and passion of our colleagues. We are proud to once again fulfill our crucial role in connecting the Netherlands to the rest of the world.

“Every day our colleagues do their utmost for the passengers. They make the difference, with a successful May and summer holiday as good examples. Unfortunately, they are not helped by the state of our infrastructure. 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.

“We have a major investment plan of 6 billion because it is crucial to bring back passenger satisfaction and top service to our airlines. At the same time, we need to restore the balance between the benefits and burdens of Schiphol.

“We are and will remain committed to reducing our noise impact on our surroundings and to improving the working conditions of all employees at our airport.”

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