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  1. Investments - Portugal
  • Reference period
  • RP4 ✓
  • RP3

  • Investments - Portugal
  • PRB monitoring
  • Value of assets
    • By category
    • En route and terminal
    • By type

  • Costs
    • New and existing investments
    • En route
    • Terminal
    • New major investments
    • CP1 and ATM Functionality
    • Strategic Deployment Objective

  • Expected benefit and impact

  • Public funding

Investments - Portugal

PRB monitoring

  • NAV Portugal planned a total asset value for new investments in RP4 of 70.8M€2022, of which 44.7% relates to new major investments. NAV Portugal planned 4 new major investments for RP4, of which 1 has started and 3 have not yet started.

  • In 2025, NAV Portugal overspent +0.01M€2022 (+30.8%) in costs related to new major investments. This is attributable to the ILS modernization plan.

  • According to the reporting tables, NAV Portugal underspent -1.0M€2022 (-3.9%) in costs related to investments in 2025. These amounts must be reimbursed to the airspace users through a reduction of future unit rate(s), unless the NSA decides after consultation with the users, that the ANSP must not reimburse a part of the difference according to article 28 of Regulation (EU) 2019/317.

  • NAV Portugal reported no funding from Union assistance programmes in 2025.

Value of the assets for New Investments included in the Performance Plan Portugal | NAV Portugal (Continental) and comparison with Union-wide

Determined and additional asset value by investment category

Total value of the asset for new investments (M€2022) 70.79 % of total
New major investments (above 5M€ each) 31.64 45%
Included in the performance plan 31.64 45%
Additional 0.00 0%
Other new investments (below 5M€ each) 39.14 55%
NAV Portugal (Continental) asset value of new investments compared to Union-wide (%) 1.4%

Determined asset value: en route and terminal

Total value of the asset for new major investments (M€2022)1 31.64 % of total
En route 17.26 55%
Terminal 14.38 45%
1 For investments where the allocation has not been clearly provided, an allocation has been assumed based on available information.

Determined asset value by type of investment

New ATM system 14.05
Overhaul of existing ATM system 0.00
Other ATM 0.00
CNS 0.00
Infrastructure 21.55
Ancillary 7.50
Other 0.00
Unknown 10.09
1 When summing the assets for new major investments by investment type, the total may differ from the overall asset value for new major investments, as some investments have been categorised under multiple investment types.

Costs related to investments included in the Performance Plan Portugal | NAV Portugal (Continental)

New and existing investments

Determined costs 2025D 2026D 2027D 2028D 2029D RP4
Total costs of new and existing investments (M€2022) 26.34 27.50 29.43 29.30 22.92 135.48
New major investments from RP4 0.04 0.23 2.55 3.81 4.53 11.16
Other new investments from RP4 3.51 6.84 8.71 9.87 10.31 39.23
Major investments from RP3 15.31 14.33 14.28 12.21 3.51 59.63
Existing investments from previous RPs 7.47 6.11 3.90 3.40 4.58 25.45
Actual costs 2025A 2026A 2027A 2028A 2029A RP4
Total costs of new and existing investments (M€2022) 25.32 NA NA NA NA 25.32
New major investments from RP4 0.06 NA NA NA NA 0.06
Other new investments from RP4 2.34 NA NA NA NA 2.34
Major investments from RP3 17.01 NA NA NA NA 17.01
Existing investments from previous RPs 5.90 NA NA NA NA 5.90
Difference (A-D) 2025 2026 2027 2028 2029 RP4
Total difference (M€2022) (1.02) NA NA NA NA NA
New major investments from RP4 0.01 NA NA NA NA NA
% change of actual with respect to determined +31% NA NA NA NA NA
Other new investments from RP4 (1.17) NA NA NA NA NA
% change of actual with respect to determined -33% NA NA NA NA NA
Major investments from RP3 1.70 NA NA NA NA NA
% change of actual with respect to determined +11% NA NA NA NA NA
Existing investments from previous RPs (1.56) NA NA NA NA NA
% change of actual with respect to determined -21% NA NA NA NA NA


Costs of investments by nature - En route

Determined costs 2025 2026 2027 2028 2029 RP4
Total costs of new and existing investments (M€2022) 21.75 21.52 22.64 20.20 13.76 99.86
Depreciation 17.92 17.94 19.22 17.05 10.96 83.10
Cost of capital 3.82 3.57 3.42 3.15 2.79 16.76
Cost of leasing 0.00 0.00 0.00 0.00 0.00 0.00
Actual costs 2025 2026 2027 2028 2029 RP4
Total costs of new and existing investments (M€2022) 21.26 NA NA NA NA 21.26
Depreciation 18.06 NA NA NA NA 18.06
Cost of capital 3.21 NA NA NA NA 3.21
Cost of leasing 0.00 NA NA NA NA 0.00
Difference (A-D) 2025 2026 2027 2028 2029 RP4
Total difference (M€2022) (0.48) NA NA NA NA NA
Depreciation 0.14 NA NA NA NA NA
Cost of capital (0.62) NA NA NA NA NA
Cost of leasing 0.00 NA NA NA NA NA


Costs of investments by nature - Terminal

Determined costs 2025 2026 2027 2028 2029 RP4
Total costs of new and existing investments (M€2022) 4.59 5.98 6.79 9.09 9.16 35.62
Depreciation 3.42 4.50 4.96 6.44 6.67 25.99
Cost of capital 1.17 1.48 1.84 2.65 2.49 9.62
Cost of leasing 0.00 0.00 0.00 0.00 0.00 0.00
Actual costs 2025 2026 2027 2028 2029 RP4
Total costs of new and existing investments (M€2022) 4.05 NA NA NA NA 4.05
Depreciation 3.48 NA NA NA NA 3.48
Cost of capital 0.57 NA NA NA NA 0.57
Cost of leasing 0.00 NA NA NA NA 0.00
Difference (A-D) 2025 2026 2027 2028 2029 RP4
Total difference (M€2022) (0.54) NA NA NA NA NA
Depreciation 0.06 NA NA NA NA NA
Cost of capital (0.60) NA NA NA NA NA
Cost of leasing 0.00 NA NA NA NA NA


Costs by new major investments

Determined costs 2025 2026 2027 2028 2029 RP4
Total costs of major investments in RP4 (M€2022) 0.04 0.23 2.55 3.81 4.53 11.16
ILS Modernatization Plan 0.04 0.10 0.17 0.62 0.93 1.86
Madeira Airport Tower (ATM, CNS and Infras) 0.00 0.00 0.00 0.48 0.94 1.41
PBN Plan 0.00 0.13 0.32 0.40 0.44 1.29
TOPSKY One 0.00 0.00 2.05 2.31 2.23 6.59
Actual costs 2025 2026 2027 2028 2029 RP4
Total costs of major investments in RP4 (M€2022) 0.06 NA NA NA NA 0.06
ILS Modernatization Plan 0.06 NA NA NA NA 0.06
Madeira Airport Tower (ATM, CNS and Infras) 0.00 NA NA NA NA 0.00
PBN Plan 0.00 NA NA NA NA 0.00
TOPSKY One 0.00 NA NA NA NA 0.00
Difference (A-D) 2025 2026 2027 2028 2029 RP4
Total difference (M€2022) 0.01 NA NA NA NA NA
ILS Modernatization Plan 0.01 NA NA NA NA NA
Madeira Airport Tower (ATM, CNS and Infras) 0.00 NA NA NA NA NA
PBN Plan 0.00 NA NA NA NA NA
TOPSKY One 0.00 NA NA NA NA NA


Costs by Common Project One (CP1) ATM Functionality (AF)

Determined costs 2025 2026 2027 2028 2029 RP4
Total costs of new and existing investments (M€2022) 0.00 0.00 0.00 0.00 0.00 0.00
CP1-AF1 0.00 0.00 0.00 0.00 0.00 0.00
CP1-AF2 0.00 0.00 0.00 0.00 0.00 0.00
CP1-AF3 0.00 0.00 0.00 0.00 0.00 0.00
CP1-AF4 0.00 0.00 0.00 0.00 0.00 0.00
CP1-AF5 0.00 0.00 0.00 0.00 0.00 0.00
CP1-AF6 0.00 0.00 0.00 0.00 0.00 0.00
Actual costs 2025 2026 2027 2028 2029 RP4
Total costs of new and existing investments (M€2022) 0.00 NA NA NA NA 0.00
CP1-AF1 0.00 NA NA NA NA 0.00
CP1-AF2 0.00 NA NA NA NA 0.00
CP1-AF3 0.00 NA NA NA NA 0.00
CP1-AF4 0.00 NA NA NA NA 0.00
CP1-AF5 0.00 NA NA NA NA 0.00
CP1-AF6 0.00 NA NA NA NA 0.00
Difference (A-D) 2025 2026 2027 2028 2029 RP4
Total difference (M€2022) 0.00 NA NA NA NA NA
CP1-AF1 0.00 NA NA NA NA NA
CP1-AF2 0.00 NA NA NA NA NA
CP1-AF3 0.00 NA NA NA NA NA
CP1-AF4 0.00 NA NA NA NA NA
CP1-AF5 0.00 NA NA NA NA NA
CP1-AF6 0.00 NA NA NA NA NA


Costs by Strategic Deployment Objective (SDO)

Determined costs 2025 2026 2027 2028 2029 RP4
Total costs of new and existing investments (M€2022) 0.00 0.00 702.50 702.50 702.50 2,107.50
Total costs SDO – 1 0.00 0.00 0.00 0.00 0.00 0.00
Total costs SDO – 2 0.00 0.00 0.00 0.00 0.00 0.00
Total costs SDO – 3 0.00 0.00 0.00 0.00 0.00 0.00
Total costs SDO – 4 0.00 0.00 0.00 0.00 0.00 0.00
Total costs SDO – 5 0.00 0.00 175.62 175.62 175.62 526.88
Total costs SDO – 6 0.00 0.00 175.62 175.62 175.62 526.88
Total costs SDO – 7 0.00 0.00 0.00 0.00 0.00 0.00
Total costs SDO – 8 0.00 0.00 351.25 351.25 351.25 1,053.75
Total costs SDO – 9 0.00 0.00 0.00 0.00 0.00 0.00
Total costs SDO – 10 0.00 0.00 0.00 0.00 0.00 0.00
Actual costs 2025 2026 2027 2028 2029 RP4
Total costs of new and existing investments (M€2022) 0.00 NA NA NA NA 0.00
Total costs SDO – 1 0.00 NA NA NA NA 0.00
Total costs SDO – 2 0.00 NA NA NA NA 0.00
Total costs SDO – 3 0.00 NA NA NA NA 0.00
Total costs SDO – 4 0.00 NA NA NA NA 0.00
Total costs SDO – 5 0.00 NA NA NA NA 0.00
Total costs SDO – 6 0.00 NA NA NA NA 0.00
Total costs SDO – 7 0.00 NA NA NA NA 0.00
Total costs SDO – 8 0.00 NA NA NA NA 0.00
Total costs SDO – 9 0.00 NA NA NA NA 0.00
Total costs SDO – 10 0.00 NA NA NA NA 0.00
Difference (A-D) 2025 2026 2027 2028 2029 RP4
Total difference (M€2022) 0.00 NA NA NA NA NA
Total costs SDO – 1 0.00 NA NA NA NA NA
Total costs SDO – 2 0.00 NA NA NA NA NA
Total costs SDO – 3 0.00 NA NA NA NA NA
Total costs SDO – 4 0.00 NA NA NA NA NA
Total costs SDO – 5 0.00 NA NA NA NA NA
Total costs SDO – 6 0.00 NA NA NA NA NA
Total costs SDO – 7 0.00 NA NA NA NA NA
Total costs SDO – 8 0.00 NA NA NA NA NA
Total costs SDO – 9 0.00 NA NA NA NA NA
Total costs SDO – 10 0.00 NA NA NA NA NA


Expected benefit and impact per new major investment Portugal | NAV Portugal (Continental)

New major investments SES mandated Partnership
ILS Modernatization Plan X
Madeira Airport Tower (ATM, CNS and Infras)
PBN Plan X
TOPSKY One X X

Public funding granted for total CAPEX (CEF/TEN-T)

 
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