This Wednesday, the minister of development (Fomento) announced that Aena will invest over 120 million Euros in building a new terminal for Tenerife South airport. She has pointed out that this investment will be considered in the Document for Airport Regulation (DORA). This is to be approved by Aena’s board at the beginning of January. According to the information published by 20Minutos, this project involves the construction of a new terminal building of over 16,000 square meters that will connect to the current terminal. The president of the Canary Islands – in a press conference together with the minister – said…
Tag Archives: ALA
Aena will be able to avoid the price reduction if the budgets are amended Charges,Regulations
Yesterday we informed that an Aena airport charges decrease had been confirmed through the State Budget Project. However, it looks like it is not so easy and that confirmation might not be a fact. Yesterday evening ElPais published a comprehensive article reporting that the Spanish National High Court refused all the appeals against Competition (CNMC) regarding Aena airport costs. Their decision was based on the fact that Aena’s prices are a responsibility of the parliament, thus court appeals don’t make sense. Aena’s intention was that Justice prevent the CNMC from forcing them to lower prices but that didn’t work and that’s why the Budgets…
Aena to soften the charge increase or even to freeze them Airlines,Charges,Regulations
AENA started in February the consultation process to set the charges for 2015, as established by the agreement signed on 23rd May 2013 between Aena Aeropuertos and the Airline Associations.As agreed, the maximum charge increase for 2015 was set at CPI plus three points. With regard to 2016, 2017 and 2018 a maximum charge increase of CPI plus four points was fixed.However, according to the information from EuropaPress this morning – based on sources from ACETA – during the meetings held so far both parties agreed that the positive traffic evolution during the months of January (2.5%) and February (3.1%) lead to expect traffic…
Consultation Process of airport rates for year 2015 Airlines,Charges,Regulations
Aena Aeropuertos has initiated the consultation process with Airline Associations on the amendments of airport charges for year 2015.The Aena’s proposal maintains the agreements reached with the airlines in 2013 to smooth the cost recovery process, which was set by Royal Decree 11/2013, and fixes the maximum increases until year 2018 as following: In 2015 the increase will be of CPI+3%. The maximum has been fixed at 4.5% In 2016 the increase will be of CPI+4%. In this case, up to a maximum of 5.5% In 2017 the increase will be of CPI+4%. The fixed maximum is 5.5% too. In 2018 the increase…
Airlines operating in Spain fear a new “green tax” Airports,Charges,Regulations
Catalonia will pioneer the initiative of imposing a new tax on the CO2 emissions. This green tax has been included in the Regional Budgets for 2014, and according to the Catalan Government estimates, it will bring revenue of 3.6 million Euros in the next year.This is not the first time that the Government of Catalonia tries this and, in fact, other countries in Europe like Germany, France and UK have similar “green” charges, where the airline industry is taxed for its environmental impact.The news has alarmed airlines associations (Aceta, ALA and Aeca). They consider that this initiative may produce a…
Airlines request consensus before the Aena privatisation Regulations
On October 21 the Government’s Consulting Council of Privatisation—CCP—published a report which confirmed the fact that they are now open to privatise Aena by 60% as we had anticipated.ActualidadAerospacial.com informed that the Council of Ministers shall approve a Royal Decree to authorise the privatisation process of Aena Aeropuertos. Aena Aeropuertos to be split in three partsThe first part would be a stable nucleus with a group of leading shareholders made up of 3 to 5 investors, to purchase shares by between 20% and 30% of the Capital Stock. Each investor would have an individual share between 5% and 10%. Amongst other requirements, these investors would…
Airlines reach an agreement with AENA to withdraw appeal Charges
According to lainformacion, the Airlines Association (ALA) has reached an agreement with AENA to withdraw the administrative appeal submitted before the Courts due to airport fee increases.This announcement comes after the agreement reached in May on maximum airport fees for the next five years between Aena and the airline associations involved in the consultation process.This agreement, has been signed by ALA’s President Mr. Pablo Olmeda and AENA’s General Director, Mr. Javier Marín.According to Mr. Olmeda, this agreement, together with the one reached in May, is opening a way of cooperation and understanding between the airlines and AENA that will be beneficial for the…
Fomento fixes the increases of Airport charges for the next five years Charges,Regulations
On 3rd August it has been published in the BOE a modification of Law 21/2003 by which is ratified the agreement reached between AENA and the airlines association to control the increase in airport charges in the coming years.According to this, the maximum increases allowed for the next five years are 2.5% in 2014, 4.5% in 2015 and 5.5% in 2016, 2017 and 2018.From 2019 onwards, AENA reserves the right to recover the deficit incurred by increasing the airport charges. Source: B.O.E.
Agreement on the airport charges increase Airlines,Charges
Following with the Aena’s charges increase and our previous posts to this respect, ABC.es informs today about the fact thatthe airport charge increase will be CPI plus one point in 2014.AENA will announce today the tentative agreement reached with the airlines to absorb the rise in airport charges for the next five years.This agreement shall be signed by the Minister of Development, Ms. Ana Pastor and the airline associations ALA and ACETA. With this, they foresee a significant reduction over the expected increases until 2018.According to sources close to the negotiations, the agreement goes through an increase for the forthcoming year 2014 of CPI…
Aena moderates the tax increase Charges
The Minister of Public Works, Ana Pastor, has mediated between Aena and the airlines so that they can reach an agreement which might help to alleviate the industry.As a result of this approach between Aena and ALA—airline’s association—the expected tax increase of IPC + 5% which was already applied for the current year, would not be applied again in five years. According to the media, this might have been called pax tarifaria (tax peace) between both parties. Also, Aena expects ACETA—one of the Spanish airline’s associations—joins this agreement too.This change of stance in Aena might be intended to have an overall support…