Ferrovial eyes expanded US airport investments
05 December 2025
Spanish construction giant Ferrovial is looking to expand its footprint in US airports, according to its CEO Ignacio Madridejos.
Ferrovial CEO Ignacio Madridejos speaking at the Reuters NEXT conference in New York. (Photo: Reuters)
Madridejos said the Spain-based company, which acquired a stake in the $9.5 billion New Terminal One project at JFK International Airport in New York in 2022, expects long-term growth in air travel.
Speaking at the Reuters NEXT conference in New York, Madridejos highlighted opportunities for private-sector involvement in US airport infrastructure.
Madridejos said demand for air travel is expected to grow over the long term despite a slowdown in inbound travel this year.
He said: “We are trying to do something similar in the U.S. We see opportunities. When you see the airports some of them need expansion, some of them need refurbishment and I think that working with private partners like us will help to accelerate and to have a better service to customers.”
Despite short-term disruptions in US travel, Madridejos said Ferrovial remains focused on long-term trends, with New York in particular a destination that is quite unique, he said.
His comments come after the company closed the sale of its remaining stake in Heathrow airport in July at a value of €539 million. The company had held a 25% stake in the airport but has gradually sold off its stake since 2023.
The sale helped the company to a 6.2% rise in like-for-like revenues to €6.9 billion for the first nine months of 2025.
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