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Four out of the ten most profitable Spanish airports are in the Canaries Airports

After the huge investment during the last years in the Spanish airport net there are three terminals which are closed, four have no scheduled flights and other twelve which hardly have planes.Out of the 42 airports managed by Aena, only 10 are profitable and 4 out of them are in the Canaries. Tenerife South is leading this profitable airport list. The most updated information from the Ministry of Public Works (Fomento) is of 2011 when Tenerife South got a profit for 24.98 million euros, Gran Canaria obtained 22.93 million and Lanzarote 8.67 million. Fuerteventura finished that year with a balance for 1.21 million euros. In the contrary, La Palma lost…

Aena to negotiate a decrease in Handling fees by 30% Charges,Handling,Regulations

Following with the public tender for the handling licenses in the Spanish airports, the draft issued by Aena to this respect has warned the Handling companies. Amongst other issues, this draft suggests an average decrease by 30% with regard to the current handling fees.The tender will be carried out in two phases: the first one for the airports with less than one million passengers per year and, the second one, for the airports with over one million passengers per year.Aena had said they would seek “an increase in competition and quality and a decrease in prices”. Now they are negotiating with a…

Traffic evolution in Madrid and Barcelona Airports,FC Tools

As anticipated in this blog Barcelona has been about to receive the same number of passengers as Madrid during the month of June. Contrary to what PeriodistaDigital expected and in line with the estimations calculated with our airport stat tool, Madrid would have still had 45,842 passengers more than Barcelona (42,817 if we consider commercial traffic).To this respect, elperiodico.com explains that the Aena estimations for Madrid at the end of the year are 40 million passengers and for Barcelona, 35 million. However, during the month of June Madrid lost passengers by 14.9% and Barcelona gained traffic by 2.7%.For further information, this is the breakdown on Madrid…

Traffic evolution in the Spanish Airports Airports,FC Tools

Traffic evolution

Balearic Islands:Palma airport: As explained by Aena it has reached the highest amount of passengers for a month of Jun in its history: 2,956,506 people. This means an increase by 1.3% with regard to June 2012.As for January-June 2013, Palma has increased passengers by 0.8% reaching the amount of 9,284,504.It is worth mentioning the increase of traffic from the Russian Federation (26%), from Sweden (10.9%), from Norway (8.4%), from the UK (5.9%) and from Germany (8.3%).Ibiza airport: Aena informed that has also reached historic figures for the month of June, with 852,031 people. This supposes an increase by 6.8% against June 2012.January-June 2013 confirm an increase…

Clarification on the airport fees in the Canaries Charges,Regulations

Please see below our translation from the press release published by Aena yesterday to clarify some doubts on the airport fees in the Canaries: Due to the amount of confusing information published in the media, which has led in some cases to wrong interpretations, Aena would like to clarify the following: The bonus applied to the passengers connecting flights affects to all the Spanish airports, including the Canary ones. This bonus will be increased gradually from the current 20%, becoming 30% in 2014, 35% in 2015 and 40% in 2016 and following.  This bonus has nothing to do with the…

Ministry postponed the Aena privatisation Regulations

According to elEconomista.es “It has already been decided. The Ministry postponed the Aena privatisation until the spring of 2014″.In spite of the fact that the Government had said the best moment could be October this year, they have now decided to give it more time in order to get investors.However, in October 2013 they would present the roadmap with details such as the percentage of the company to be sold, etc.Apparently, the most likely alternative would be to launch an IPO (initial public offering) in two parts: one for institutional investors and another for small share holders.Delaying the process would not only…

Bookings for the summer have increased Airports

Mr. Soria has emphasized that in summer 2013 AENA estimate an increase by 0.6% on movements and by 0.8% on seats. However, he pointed out that these figures will be subject to the development of the ongoing isues in countries like Greece and Turkey, which compete with Spain, specially in the segment of ‘sun and beach’.Mr. Soria has highlighted that Spain is the world leader in the sector with 57.7 million of tourists in the past year, a positive inclination that is keeping on in this exercise, from January to May the arrivals increased over 3% and the spending increased…

60% of the passengers fly to Valencia with Low Cost airlines Airlines,Airports,FC Tools

Despite the 54 million euro investment to improve the facilities, the figures of Valencia airport are not getting any better.According to the information published by Aena, Valencia lost passengers by 0.6% with regard to May 2012.Only low cost airlines can keep the airport operating, since they bring 60% of the passengers—information from Valencia Turism provided by Aena—to Valencia.Ryanair is the first operator at the aiport. In 2012 they transported 41% of the passengers. For the current summer season, they offer flights to 33 destinations: 9 domestic and 24 international.The other 20% is distributed among Vueling (9%), easyJet (4%), Transavia (3%) and Wizz Air (3%)After them, Volotea is back in Valencia…

Norwegian to help Aena fight the easyJet and Ryanair duopoly Airlines

Norwegian will become the airline which Aena would have been looking for since some time ago. They are supposed to help Aena in fighting the Ryanair and easyJet duopoly on the Madrid airport low cost industry. Hence, they are finishing the negotiations to open two operational bases at Madrid and Barcelona.According to this piece of news, it is in Madrid more than in Barcelona, where easyJet and, above all, Ryanair use their capacity to break the will of the Spanish Government.The different interests of the biggest low cost airlines with regard to the Aena’s transformation process are even more obvious…

The Ministry forced to lose the control over Aena Airports,Regulations

Getting back to the privatization of Aena and considering the results from the consultation process that they had performed, the company has already arranged the details for such operation, which would correspond to 51% of the capital. The possibility of selling the company only by 49% would reduce the value of the operation considering that the private partners would still have to depend on the Ministry of Public Works. Hence, they would now be willing to lose the control over Aena. The advisors have recommended that Aena forgets about selling a minority part of the public company because it is not attractive to…