The Ministry of Finance of the Czech Republic Approved Making an Investment into the First Stage of the Expansion of Terminal 2 at Prague Airport

The number of passengers at Vaclav Havel Airport Prague has been consistently increasing in recent years and a similar trend is also expected in the future. To make sure that the largest Czech airport stays competitive and to maintain its share in air transport, a long-term construction and development plan is required. The plan will also guarantee adequate transport service and sufficient capacity to satisfy future demand.

“We don´t want Prague Airport just to passively respond to trends that we can see in other countries around us; we want it to be a trailblazer and in light of that, we have approved the first stage of this long-term development plan. The budget will be financed from the airport´s own funds and will not burden the state budget in any way. The projects will help modernize the airport and make transportation more efficient while maintaining the same high level of comfort for the passengers”, says Alena Schillerová, the Minister of Finance.

Other investments that concern increasing the terminals’ capacities and a parallel runway are subject to approval based on future developments. The total amount to be invested in the first stage of Terminal 2 expansion that has been approved is approximately CZK 16 billion. Of that, about CZK 9 billion will be invested directly into terminal expansion and the remaining CZK 7 billion will be focused on related projects, such as taxiways, a parking garage, an elevated road and other roads in front of the terminal.

When the first stage of Terminal 2 expansion finishes in 2028, Prague Airport will have nine new contact parking places with jetways and gates for short- and medium-haul aircraft. Together with these, five alternative parking places will also open to service long-haul flights.

“We are happy about our shareholder´s decision to expand Terminal 2. The first step of Prague Airport´s long-term development plans will help enhance air transport in the Czech Republic,” says Václav Řehoř, Chairman of the Board of Directors of Prague Airport.

“Prague Airport has reached the limits of its operating capacities. Over the past few years, we have started to invest into projects that will help us increase the airport´s capacity from 15 million serviced passengers per year to about 17 million per year. Beginning next spring, we are ready to start with a preparatory investment that will enable us to execute the first stage of Terminal 2 expansion. This will include projects such as the reconfiguration and relocation of taxiways and the completion of a wastewater treatment plant,” adds Václav Řehoř.