Barcelona 1 – Madrid 0. Catalonian airport comes up smiling after a year of angst
Spain’s AENA has posted a disturbing loss of EUR434 million for 2009, with Madrid Barajas Airport reporting a EUR300 million loss for the year. The airport authority expects to record losses of EUR597.7 million in 2010, bringing its accumulated debt to EUR10.5 billion. Just nine of 48 Spanish airports made profits for 2009, while Lanzarote (Canary Islands) and Seville airports broke even and Barcelona claimed “a positive financial result”. Overall, Spanish airports catered for 187.3 million passengers during 2009, down from over 210 million. With the partial privatisation of the airport division deferred, but still pending, huge salaries in the ATM division need to be reduced.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.