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26.03.26

SACBO BOARD OF DIRECTORS APPROVES 2025 FINANCIAL STATEMENTS

The Board of Directors of Sacbo has approved the draft financial statements for the 2025 fiscal year, which will be submitted to the next Shareholders’ Meeting scheduled on first call for April 29, 2026, and on second call for April 30, 2026.

The Board of Directors approved both the separate financial statements of Sacbo S.p.A. and the consolidated financial statements of the Group, which include the accounts of Sacbo S.p.A. and its wholly owned subsidiary BGY International Services S.r.l.

The year 2025 stood out in particular for the importance of infrastructure and technological development programs supporting passenger services. Compliance with the planned and ENAC-approved project timeline made it possible to benefit from the expansion of check-in areas as early as May and from the opening, at the end of November, of the new departures area, effectively doubling its overall size.

Security checks were relocated and enhanced with next-generation X-ray screening equipment. The year closed with a total of 17 million passengers, exceeding budget forecasts. Specifically, 16,937,976 passengers and 24,531 tonnes of cargo (+6.8%) further strengthened the competitiveness of Bergamo Airport, both nationally—firmly in third place after Fiumicino and Malpensa—and at European level, where it ranks 41st in the ACI Europe classification.

“The SACBO Group has confirmed its ability to meet its commitments in line with the 2030 Airport Development Plan, completing essential projects on schedule to ensure high capacity and operational standards through the use of the most advanced technologies,” stated SACBO Chairman Giovanni Sanga. “Group investments exceeding €53 million in 2025, aimed at strengthening airport infrastructure, should be seen as a driver of our airport’s competitiveness in the international air transport landscape and as leverage for economic and environmental sustainability. Expansion works in the departures terminal have delivered immediate benefits to passengers and operators, ensuring efficiency and safety. We are encouraged by the overall stability of traffic levels, supported by an increasingly extensive network of connections.”

With reference to the Parent Company Sacbo S.p.A., the financial year closed with total investments of approximately €48.1 million in 2025, while the subsidiary BGY International Services S.r.l. carried out acquisitions amounting to €4.7 million.

The SACBO Group has made significant investments in airport sustainability, allocating approximately €10 million. Mitigation and compensation works were carried out, along with improvements to accessibility and intermodality, including electric vehicle charging stations in the airside area. In addition, new electric Ground Services Equipment was purchased for handling activities, and measures were implemented to improve the energy efficiency of infrastructure. The photovoltaic system has reached full operation, producing over 10% of the airport’s electricity needs (in addition to sourcing 60% of its energy from renewable supplies).

A particularly significant investment of €2.8 million was also made in digital transformation, a key element for the airport’s development. As a result of investments made in recent years, depreciation recorded in the financial statements increased from €15 million in 2020 to €26.1 million in 2025.

As of December 31, 2025, the SACBO Group employed 717 staff, an increase of 41 employees compared to December 31, 2024. This increase is mainly attributable to the expansion of operational staff within the subsidiary BGY International Services (+35 employees as of December 31, 2025) to handle the rise in passenger traffic in the final months of the year and to manage courier activities.

The Group’s total production value was just under €165 million (-0.3% compared to 2024).

The production value is broken down as follows:

  • Aviation revenues: €53.0 million (-4.7%)
  • Commercial revenues: €72.8 million (+3.2%)
  • Passenger, cargo, and airline assistance revenues: €33.4 million (-4.1%)
  • Other revenues and income: €5.3 million

Operating profit (EBIT) at year-end amounted to €20.6 million, while the Group’s net profit stood at €8.6 million.

19.03.26

SUCCESS OF GENERAL AVIATION SERVICES AT MILAN BERGAMO AIRPORT

Milan Bergamo Airport is strengthening its operational activities related to general aviation, whose movements generated during the Olympic and Paralympic Games have contributed to increasing preference for the services offered by BGY Executive.

Demand for general aviation traffic continues to grow, also thanks to the airport’s strategic central location, which represents an ideal solution for road mobility along major highways and transport routes.

The new area dedicated to general aviation, located in the northern part of the airport grounds, features its own customs gate equipped with dedicated security and document control. It benefits from separate road access and flight infrastructure, as well as a dedicated apron on the airside capable of accommodating widebody aircraft, complete with an adjoining taxiway. FBO SKY Services and Italy FBO/Delta Aerotaxi provide passengers with fully equipped lounges designed to ensure maximum comfort and a full range of facilities. General aviation services, available 24/7, are part of Milan Bergamo Airport’s commercial strategy to diversify air traffic types.

“Recent Winter Games have helped bring attention to the services that Milan Bergamo Airport offers for general aviation,” said Giacomo Cattaneo, Aviation Commercial Director at SACBO. “BGY Executive represents a model that is gaining recognition in terms of both quality and efficiency. Its added value lies in the ability to accommodate widebody aircraft, thanks to the recent expansion of the northern apron, and to meet all service requirements related to general aviation flights. The ongoing growth in demand confirms the level of appreciation for the solutions implemented, which ensure ease of access, smooth transit procedures, and efficient operations.”

23.02.26

WINTER OLYMPICS, MILAN BERGAMO AIRPORT’S OVERVIEW

At the conclusion of the Milan-Cortina Winter Olympics, it’s time to take stock for Milan Bergamo Airport as well, a transit hub for those who chose it as a convenient logistical solution to reach primarily the ski resorts in Lombardy or the nearby regional capital, with its Olympic cauldron and the prominent showcase of ice sports.

Milan Bergamo Airport hosted a series of private flights carrying groups and delegations from some participating countries, and welcomed hundreds of passengers arriving on scheduled flights both before and during the Olympic event to attend the various competitions. Some athletes and technicians, at the end of their sporting commitments, opted to depart from the Bergamo hub even in the days preceding the closing ceremony of the Winter Games. This movement of people demonstrated an appreciation for the level and quality of services offered by Milan Bergamo Airport, which is ready to provide adequate assistance for the Milan-Cortina Winter Paralympics, scheduled from March 6 to 15.

“Once again, our central location along the northeast axis and the road connections make Milan Bergamo Airport highly appreciated from a logistical perspective for trips linked to major events taking place in Lombardy and neighboring regions,” emphasizes Giovanni Sanga, President of SACBO. “The levels of assistance we provide daily to passengers ensure that our infrastructure, equipped with the most advanced services and facilities, meets every need, both for scheduled and private flights. We are pleased to note the flows generated from distant destinations, not directly connected, thanks to daily frequencies with major airport hubs.”

28.01.26

NEW CONNECTION BETWEEN MILAN BERGAMO AIRPORT AND KUWAIT CITY STARTING MAY 20, 2026

Jazeera Airways today announced in Kuwait City the launch of a new service to Milan Bergamo Airport, starting on 20 May. The route will be operated three times a week (Mondays, Wednesdays and Fridays) using an Airbus A320neo configured with 174 seats. With the addition of Kuwait, the list of countries directly connected to Milan Bergamo continues to grow.

The announcement of the new route was made during a press conference convened by Barathan Pasupathi, Chief Executive Officer of Jazeera Airways, and attended by Amelia Corti, General Manager of SACBO; Giacomo Cattaneo, Director of Commercial Aviation, Marketing & Communications; and Dario Nanna, Commercial Aviation Manager of the company managing Milan Bergamo Airport.

“We are honoured to be the first Italian airport to welcome Jazeera Airways,” said Amelia Corti during the ceremony held in Kuwait City. “The launch of the new route to Kuwait City further expands the network of connections from Milan Bergamo Airport to emerging markets, characterised by a shared willingness to build relationships and help create new opportunities for both destinations. The start of the three-times-weekly service to Kuwait City represents a historic milestone for Milan Bergamo Airport, which is preparing both to welcome incoming passenger flows and to generate traffic towards the new destination. We are confident that our collaboration with Jazeera Airways will be successful and will lead to significant expansion in tourism, culture and commerce in both directions.”

“A prestigious and promising addition to the summer network of connections from our airport, which is shaping up to be full of opportunities,” underlined Giovanni Sanga, President of SACBO. “Above all, it is a sign of the progressive expansion of connections to geographical areas of great interest from a socio-economic, entrepreneurial, educational and cultural exchange perspective. Over the years, we have seen how new destinations have been able to trigger passenger flows attracted by the advantages offered by direct flights. In this regard, multimodal solutions are becoming increasingly important, and Milan Bergamo Airport has planned to equip itself accordingly, in order to ensure fast and comfortable mobility.”

19.12.25

AT MILAN BERGAMO AIRPORT, “OL CASÉL” COMES TO LIFE

At Milan Bergamo Airport, “Ol Casél” comes to life—the first Italian building dedicated to airport services constructed using architectural 3D printing technology. A project that stands as a symbol of innovation and sustainability, blending local tradition with cutting-edge technology.

A Sustainable Innovation Lab

“Ol Casél” was conceived as a service module for the new truck parking area at the Logistic Park of Milan Bergamo Airport. A pioneering work that combines efficiency, comfort, and reduced environmental impact, embodying the concept of “responsible construction”: building better while consuming less.
The initiative is promoted by EDILCO Srl, in collaboration with SACBO S.p.A. (the company managing Milan Bergamo Airport) and WASP, an international leader in architectural 3D printing.
Together, these partners have created a sustainable construction laboratory capable of integrating technical, design, and communication expertise into a single shared vision.

A Living and Participatory Experience

From November 24 to December 19, the construction site was transformed into an “open site,” allowing institutions, stakeholders, schools, and citizens to witness firsthand the 3D printing of Ol Casél’s walls. A unique opportunity to see the Crane WASP architectural 3D printer in action—state-of-the-art Italian technology capable of constructing a building quickly, sustainably, and using natural materials.

A Symbol of Place and Sustainability

The name “Ol Casél” evokes Bergamo’s rural heritage, reinterpreting the traditional countryside gatehouse in a contemporary key.
This dialogue between memory and future makes the project a tangible manifesto of Milan Bergamo Airport’s sustainable transition, contributing to the infrastructure’s ESG (Environmental, Social, Governance) objectives.
“Ol Casél” is not just a building: it is a statement of intent, a concrete example of how construction can become education, culture, and shared experience.

A Shared Vision to Build the Future

With this project, Milan Bergamo Airport positions itself as a sustainable and innovative hub, capable of combining infrastructural growth with environmental responsibility. A place that does not merely host the future, but actively chooses to build it. “Ol Casél” is a concrete step toward a future in which building means regenerating, living better, and consuming less.

 
 
 
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