The Spanish government announced it is listing 28% of AENA’s shares as part of its privatisation of the state-owned airport operator.

 

Spanish Transport Minister Ana Pastor made the announcement last Friday, while reconfirming that the government is standing by its earlier agreement to sell another 21% to Spanish infrastructure group Ferrovial, British investment fund TCI and Spain’s Corporacion Financiera Alba fund.

 

Spanish Minister of Public Works and Transport Ana Pastor said: “The company will remain state-controlled. The arrival of private capital and booming traffic will reinforce Aena’s position.”

 

 

GOVERNMENT RETAINS MAJORITY

Following this latest decision to float a minority holding on the stock exchange, the Spanish Government will retain 51% majority control in Aeropuertos Españoles y Navegación Aérea (AENA), which currently operates 46 airports and two heliports in Spain, plus 15 in Latin America, the US and Europe.

 

Commenting on these latest developments, Deputy Prime Minister Soraya Saenz de Santamaria told the news conference: “The entry of private capital is possible now after a deep transformation of the company to make it profitable.”

 

As reported by TRBusiness, for the first time since 2006, Spain’s busiest 10 airports showed growth in 2014 – with traffic across the whole network of Spanish airports operator, Aena, reaching 195.9m passengers, a rise of +4.5%.

 

For more information, click here: http://www.trbusiness.com/regional-news/europe/spanish-top-10-airports-all-back-to-growth-in-2014/