Schiphol is investing in the quality of the airport more than ever before. To finance the necessary investments, the airport is borrowing extra funds. Last week, Schiphol issued €500 million in bonds. The bond issue contributes to Schiphol's financial robustness and to improving quality for travellers, airlines and employees.
“Our investments will restore Schiphol to its position among the top three airports in Europe in terms of quality. Solid and stable finances are essential. The reality is that we’ll be consistently spending more money than we earn over the coming years. That’s why we are borrowing additional funds and continuously seeking the right balance between our operating costs, charges and investments. While we’re working hard to make progress, Schiphol must remain affordable for airlines and travellers. We are pleased that the successful bond issue contributes to this and underlines investors' confidence in Schiphol.”CFO Robert Carsouw (....)