GACL Posts GH¢354.6m Profit, Declares First-Ever Dividend

 

The Ghana Airports Company Limited (GACL) has recorded a profit of GH¢354.6 million for 2025 and declared a GH¢30 million dividend, marking the first time the state-owned airport operator is paying dividends.

The profit represents a 5.5% increase from the GH¢336 million recorded in 2024, while the company’s group capitalisation rose to GH¢10.234 billion at the end of December 2025, from GH¢9.848 billion a year earlier.

The improved performance marks a significant financial milestone for GACL as it continues to recover from the disruption caused by the COVID-19 pandemic.

Speaking at the company’s 11th Annual General Meeting, Board Chairman James Agalga described the ability to pay dividends for the first time as evidence of the company’s improved financial position.

“The mere fact that the company for the first time is paying dividends means that its current performance is commendable,” he said.

Mr Agalga said the company was also pursuing infrastructure investments to prepare its airports for future growth.

The projects include the repurposing of Terminal 2, runway overlay works, development of the northern apron and car park, construction of a new head office and work on the airport concourse.

He also disclosed plans to commence construction of three new airports and highlighted the planned completion of Kumasi Airport.

He said the development of Kumasi Airport into an international facility would strengthen Ghana’s aviation network, alongside Accra and Tamale.

Passenger traffic rises 6.6%

Accra International Airport handled 3,625,778 passengers in 2025, up from 3,401,214 in 2024, representing an increase of 224,564 passengers.

Aircraft movements increased by 2.18%, from 46,261 to 47,270, while international passenger traffic rose 8.16% to 2,540,725. International aircraft movements, however, increased marginally by 0.16%, from 27,018 to 27,062.

Domestic passenger numbers also grew by 4.69% to 903,227, with domestic aircraft movements increasing 5.01% to 20,208. The growth was supported partly by additional operations and night flights on the Accra-Tamale and Accra-Kumasi routes.

Transit traffic declined by 4.03% to 181,826 passengers from 189,463 in 2024, while freight handled at the airport increased by 4.81% to 44,826 from 42,767.

GACL focuses on operational efficiency

Managing Director of GACL, Yvonne Nana Afriyie Opare, said the company remained focused on safe, secure and efficient airport operations despite challenges facing the global aviation industry.

She cited constraints in aircraft availability, supply-chain disruptions and rising costs as pressures affecting the sector.

Mrs Opare said management had prioritised operational efficiency, risk management, stakeholder collaboration and improvements in passenger experience to support the performance of the company’s airports.

Accra International Airport received the 2025 Airport Service Quality Customer Experience Award for Best Airport at Departures in Africa in the category serving two million to five million passengers. It was also recognised for transformation and innovation.

Mrs Opare said the awards reflected the collective efforts of management, staff and airport stakeholders to improve service standards and passenger experience.

The GH¢30 million dividend and increase in profit provide a financial milestone for GACL as it seeks to sustain its recovery while investing in infrastructure to accommodate future growth.