Costs and funding
Decision
Financing plan presented
Status: Officially proposed
Financing not settled.
Claim
Up to €4.5 million plus VAT for demilitarisation works
Status: Legally decided
A June 2026 Council of Ministers resolution authorised spending of up to €4.5 million plus VAT on demilitarisation work at the original firing range.
Claim
Investment estimate: €7.9–8.9 billion at 2024 prices
Status: Officially proposed
The technical report estimates the investment in the new airport at between €7.9 billion and €8.9 billion, at 2024 prices.
Claim
Financial report due on 16 January 2027
Status: Target / forecast
The next step in the application is delivery of the financial report on 16 January 2027, completing the four interim reports.
Claim
About €7 billion to be raised through debt
Status: Officially proposed
ANA plans to finance about €7 billion of the project by issuing debt.
Claim
Proposed progressive increase in airport charges at Humberto Delgado, 2026–2030
Status: Officially proposed
ANA proposes a progressive increase in airport charges at Humberto Delgado between 2026 and 2030.
Claim
2024 analysis: €6,105 million for two runways
Status: Historical / superseded
The Government's 2024 announcement gave the total cost of two runways as €6,105 million: €3,231 million for the first and €2,874 million for the second.
Explainer
€7.9–8.9 billion: what the number does and does not tell you
The estimate is a range, at 2024 prices, from the concessionaire’s report. Here is how to read it — and why it cannot be compared with the 2024 figure.
Explainer
7,9 a 8,9 mil milhões: o que o número diz e o que não diz
A estimativa é um intervalo, a preços de 2024, do relatório da concessionária. Eis como lê-la — e porque não pode ser comparada com o valor de 2024.