Loading

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.

This CAPA Premium Analysis article is 2,140 words.

To access CAPA Premium Analysis you need a CAPA Membership

Your window into the latest insights

CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.

Big picture strategic view

Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.

Global intelligence

The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.

Customise your Alerts

CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.

I'm very impressed by the factual and detailed analysis CAPA is always doing.

- CEO, Airline Member
To learn more, contact us:
Phone: +61 2 9241 3200 | Email: membership@centreforaviation.com