AENA freezes Spanish airport fees

By Doug Newhouse |

In an extraordinary move seemingly timed to coincide with the Spanish Airport Authority AENA privatisation, the Government has announced that there will be no increases in airport fees – including landing charges – until 2025.It says this is expected to have ‘a very positive effect on the competitiveness of airlines using AENA’s airports’, with this all made possible ‘by the efficiency levels achieved by AENA in the past three years’.Spain’s Ministry of Development made the announcement in July 4 and AENA’s ability to deliver this ambitious promise has doubtless been made easier by the revenues it has now locked in from its mega duty free contract with the World Duty Free Group, covering all Spanish airports.As reported, future revenues from these concessions are expected to total more than €7bn ($9.4bn) in the period 2013 to 2020.
 
News on AENA’s proposed privatisation can be found here: http://www.trbusiness.com/index.php/regional/international/15394-government-to-sell-49-in-aena.html

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