Sweden’s state-owned airport operator Swedavia has reported its first full-year pre-tax profit since the pandemic, driven by rising passenger demand and an expansion in routes.
The company said profit before tax reached SEK 20m for 2025, an improvement of SEK 273m compared with the previous year. Acting president and chief executive Susanne Norman described the result as “an important milestone”.
Net revenue rose to SEK 6,801m, up SEK 408m year-on-year, while operating profit increased by SEK 298m to SEK 324m.
Passenger growth led by international travel
More than 33 million passengers travelled through Swedavia’s ten airports in 2025, a 2.4% increase compared with 2024.
The growth was driven by a 3.1% rise in international travel, while domestic passenger numbers remained broadly unchanged.
At Stockholm Arlanda Airport, international passenger numbers in October exceeded levels seen in the same month of 2019, before the Covid-19 pandemic.
New airlines and routes boost connectivity
During the year, Swedavia added eight new airlines and launched 37 new scheduled routes.
Arlanda accounted for 23 of the new routes, while Göteborg Landvetter Airport gained nine. In total, 23 new destinations were introduced, including 15 from Arlanda and six from Landvetter. Five new charter destinations were also added.
Swedavia said the broader route network had contributed to increased revenues, alongside new commercial initiatives at Arlanda.
Recognition for punctuality
In 2025, Arlanda was ranked Europe’s most punctual airport by Eurocontrol. It was also named, alongside Copenhagen Airport, as Europe’s best airport by travel comparison site Hoppa, based on criteria including punctuality, queues, service and cost to passengers.
Climate accreditation and fossil-free operations
Swedavia said it continued to strengthen its environmental credentials.
Three more airports — Åre Östersund Airport, Visby Airport and Kiruna Airport — achieved level five accreditation under the Airport Carbon Accreditation scheme in 2025, the highest international standard for climate transition work at airports.
Seven of Swedavia’s ten airports are now certified at this level, with the remaining three expected to reach it in 2026.
Swedavia has operated its own airport activities fossil-free since 2020 and has introduced measures to encourage ground operators and airline partners to reduce emissions.
Through its incentive programme for sustainable aviation fuel (SAF), the company has invested SEK 140m since 2020 in discounts and compensation for airlines refuelling with SAF at its airports.
Expansion plans at Arlanda
In December, Swedavia approved the start of detailed planning for a future Pier G at Arlanda, alongside a new baggage facility and expanded check-in capacity at Terminal 5.
The proposed expansion is intended to secure long-term capacity at Sweden’s largest airport. A final investment decision is expected ahead of a planned construction start in around two and a half years.
Swedavia said the results reflected steady recovery in air travel demand and its focus on financial stability, sustainability and long-term infrastructure investment.
