MOROCCO: Airports Authority Sees Pax Numbers Climb 11% in 2025

RABAT, Morocco

• Morocco's national airports authority - Office National des Aéroports (ONDA) -handled a record 36.36 million passengers in 2025, up 11% year-on-year, according to Morocco’s 2027 Finance Bill report.
• International traffic reached 32.4 million passengers (+11%) and domestic traffic 3.9 million (+14%). Freight totalled 100,448 tonnes (+5%).
• Casablanca Mohammed V handled 11.4 million passengers (+9%). Marrakech Menara crossed 10 million for the first time, with 10.2 million (+10%).
• Revenue rose 9% to MAD 5.848 billion Moroccan dirhams (USD 595 million). Operating result increased 10% to MAD 2.063 billion (USD 210 million) and net profit rose 16% to MAD 1.302 billion (USD 133 million).
• Capital expenditure more than doubled to MAD 2.722 billion (USD 277 million) from MAD 1.441 billion in 2024. Financial debt stood at MAD 8.008 billion (USD 815 million), up 22%, after a MAD 2.2 billion bond issue and new financing for the investment programme.
• Under the Aéroports 2030 strategy, ONDA aims to lift national airport capacity from 40 million passengers in 2024 to 80 million by 2030. The programme is costed at MAD 38 billion (USD 3.9 billion).
• The centrepiece is a new hub terminal at Casablanca Mohammed V, adding 20 million passenger capacity at an estimated cost of MAD 15 billion (USD 1.5 billion), with entry into service planned for 2029.
• Other capacity targets include Marrakech Menara (8 million to 16 million), Agadir Al Massira and Tangier Ibn Battouta (each to 7 million), Fès-Saïss (2 million to 5 million), and a new ~71,000 m² terminal at Rabat-Salé to reach 5 million.
• In the first half of 2026, revenue stood at MAD 3.090 billion (USD 315 million), operating result at MAD 956 million (USD 97 million), net profit at MAD 497 million (USD 51 million), and capital expenditure at MAD 1.400 billion (USD 143 million).

Source:

• Morocco Ministry of Finance