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.

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