Ferrovial eyes expanded US airport investments

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.