The Ghana Airports Company Limited (GACL) grew its profit to GH₵354.6 million in 2025 from GH₵336 million a year earlier, an increase of about 5.5%. The company has also paid its first dividend to the tune of GH₵30 million to its sole shareholder, the Government of Ghana, Board Chairman James Agalga told the company’s 11th Annual General Meeting in Accra.
“The mere fact that the company for the first time is paying dividends means that its current performance is commendable,” Mr Agalga said.
He said the payout marks a turnaround for a company badly hit by COVID-19. “After COVID, the company’s recovery has been very, very quick and commendable,” he said.
Infrastructure charge behind payout
Managing Director Yvonne Nana Afriyie Opare said the airport infrastructure development push, which government had been instrumental in implementing, put the company in a better financial position and made the dividend payment possible.
“Given the company’s revenues now, and government has been very instrumental in our implementing our airport infrastructure development charge, which has led to the company being in a better financial position, and in view of that and of our performance, it is only proper that we pay dividend to our shareholder, the government of Ghana, for how well we are doing,” she said.
Balance sheet grows
The Group’s total capitalisation stood at GH₵10.234 billion as at December 31, 2025, up from GH₵9.848 billion a year earlier.
More passengers, fuller planes
Accra International Airport (AIA) handled 3,625,778 passengers in 2025, up 6.6% from 3,401,214. Aircraft movements rose only 2.18% to 47,270, which suggests airlines flew fuller planes. International passengers grew 8.16% to 2,540,725, while domestic passengers rose 4.69% to 903,227. Freight handled rose 4.81% to 44,826.
Industry headwinds
Mrs Opare said the global aviation industry still faced aircraft availability constraints, supply chain challenges and cost pressures, but demand for air travel remained resilient. Management focused on operational efficiency, safety and security, stakeholder collaboration and enterprise risk management.
Service quality efforts paid off. AIA won the 2025 Airport Service Quality Customer Experience Award for Best Airport at Departures in the 2 to 5 million passengers category in Africa, as well as the award for best airport in transformation and innovation.
Service delivery and sustainability
Mrs Opare said GACL’s mandate from government is to plan, develop, manage and maintain airport infrastructure across the country. “We are a service provider to passengers,” she said.
She said service delivery will remain the priority in 2026 and beyond. “In 2026 and beyond, we will do better on our service delivery to passengers,” she said.
She added that the company must also secure its finances for the long term. “It’s not just about service delivery, which is very important, but also how to make the company financially sustainable in the future and for the long haul,” she said.
“We also need to have revenue lines that would have long-term financial sustainability for the company.”
Building at full speed
Mr Agalga said several infrastructure projects are running at once. They include the repurposing of Terminal 2, a runway overlay extension, the northern apron, a car park, a new head office building and the concourse.
“All these things are happening at the same time, so I can tell you that the company is doing very well,” he said.
Three new airports ahead
Looking ahead, the chairman said construction of three new airports was about to begin, while “Kumasi airport is due for completion.” When Kumasi joins Accra and Tamale as an international airport, he said, performance will improve further.
