
Prague Airport has confirmed that it is financially strong and continues to grow steadily, according to the latest evaluation from the respected Moody’s Investors Service. Thanks to its careful financial practices and impressive results, Prague Airport has kept its Aa3 rating with a stable outlook. This rating indicates not only low levels of debt and strong operational profits but also shows a positive trend in tourism and the ongoing increase in the number of passengers it serves.
“I am pleased that the airport has successfully achieved its long-term strategic objectives while maintaining a very robust financial standing. The reaffirmation of the Aa3 rating and the enhancement of our BCA indicate that we are on the right path and have gained the confidence of our partners and prominent international organizations,” stated Jiří Pos, Chairman of the Prague Airport Board of Directors.
“This favorable rating showcases our long-lasting financial stability and prudent economic strategies. We are delighted that Moody’s acknowledges our capability to effectively carry out significant investment projects. Even with extensive investments planned for the years to come, we have a solid foundation that will let us move forward with these projects without jeopardizing our financial health,” added Marek Mastník, a finance board member at Prague Airport.
A significant achievement for Prague Airport is the enhancement of its main credit rating component, the BCA (Baseline Credit Assessment), which has risen from a1 to aa3. This improvement, among the highest for evaluated airports, enables Prague Airport to maintain its top rating, even if the rating of the Czech Republic, its owner, were to decrease.
The Aa3 rating highlights Prague Airport’s role as the exclusive airport serving the city— the main international entry point to the Czech Republic. It reflects its competitive air travel fees, which are set within a fair regulatory framework, and, importantly, its very strong financial situation, allowing flexibility in executing its long-term investment plans.
