Billion Zlotys Loan for Polish Airports. Financing Deal Signed for Chopin Airport Expansion and Port Polska Project

Polish Airports (PPL) has signed a 3.3-billion-zloty loan agreement with three Polish banks — PKO BP, Pekao SA and BGK. The funds will finance the modernization of Warsaw Chopin Airport and partially fund the Port Polska project, part of the Central Communication Port (CPK) initiative.

Chopin Airport modernization

The agreement was signed on February 20 at Warsaw Chopin Airport, with the government’s CPK representative in attendance. Sixty-seven percent of the loan will go directly to PPL to expand the airport’s infrastructure, increasing its capacity to 30 million passengers annually.
Modernization work is scheduled to begin in 2027 and conclude in 2030.

Port Polska – investment in Poland’s new central hub

The remaining 33 percent of the loan will go to Port Polska Lotnisko, a company responsible for building a new airport in Baranów under the CPK project. PPL plans to invest a total of 4.6 billion zlotys in the company, securing a 33 percent stake and eventually aiming for full ownership.

Financial terms and collateral

The loan is secured by PPL’s land assets. Although the interest rate has not been disclosed, repayment is due by the end of 2032.
Representatives of the banking consortium emphasized that the property-based collateral increases the project’s financial security.

Significance for the Polish aviation market

PPL president Łukasz Chaberski described the deal as one of the most important moments in the company’s history. He highlighted that the loan will help sustain the growth of Polish air traffic and strengthen the country’s position in Europe.
After the investments are completed, PPL will manage Poland’s largest airport network — both the expanded Chopin Airport and the future Port Polska in Baranów.