Spain Government to consider sale of concessions to manage Madrid Barajas and Barcelona El Prat

Spain's new government will consider selling state assets including concessions to manage Madrid Barajas and Barcelona El Prat airports, according to a Reuters report. The airport concessions sale was cancelled recently due to tough market conditions and the impact of an election campaign. Spain's airports concession sale is expected to be revived at the end of Jan-2012. The Government had hoped for at least EUR3.7 billion for Barajas and EUR1.6 billion for El Prat, as well as an annual operating fee for a 20-year concession with the possibility of a further five-year extension.