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Tag Archives: Luton

HGA Partners Limited presents an offer for Ciudad Real airport Airports

Air Nostrum operating in Ciudad Real Central Airport by Tercera Fundación - Flickr

The company HGA Partners Limited, through its General Director – Uttam Reddy – presented a 90 million Euro offer to acquire the Ciudad Real airport. This is a firm, binding and irrevocable offer for the airport, which is currently under court receivership. Hence the High Court of the Autonomous Region – Castilla La Mancha – said the viability of the offer is now being analysed. The information was published in ElConfidencial last Thursday. In July 2014 the Commercial Court of Ciudad Real extended the deadline for the sale, lowering the asking price to 80 million Euros in an attempt to find a buyer. Otherwise, the…

Aena acquires majority stake in Luton airport Airports,Regulations

Many aircrafts grounded in Luton airport because of the volcanic activity in April 2010 / Flickr - Geoff Collins

Last Friday, the Spanish council of Ministers authorised Aena to acquire the majority of London Luton airport. Thus, Aena acquires ownership of 11% of Luton airport reaching a total controlling stake of 51%. A 40% participation had been already bought in November 2013. Luton airport served 9.7 million passengers in 2013. It is the fifth largest UK airport in passengers. It is also easyJet‘s main base With regard to the other Aena airports, Luton is the sixth, after Gran Canaria and ahead of Alicante-Elche ABC said this purchase is a part of the Aena’s plan to increase the international presence in strategic airports. As…

Aena Privatisation: Competition disagrees, Ryanair interested Airports,Regulations

Ryanair and Iberia in competition

As soon as the Aena privatisation was definitely confirmed by the Minister many thoughts, interpretations and declarations have appeared in the Spanish media. Since this is something that we have been following very closely, we have extracted some pieces of news which may be relevant to the subject.The National Competition Commission disagreesFirst of all, ElMundo.es published a thorough article informing that the Spanish Competition Commission is not happy with the privatisation as it has been planned by the Government. In their view, it will not benefit the industry to keep the airport net monopoly. For Competition it would be better to separate Aena in…

Higher fees expected if Fomento privatize AENA Charges

Fomento privatize AENA: Aena is studying to privatize the 51% of its shares; consequently airlines are expressing their alarm to Ministry of Development (Fomento) about the possibility of AENA to become a “private monopoly” that would increase the prices by offering lower quality services. To avoid the monopoly, the AECA’s President Mr. Felipe Navío, proposes AENA to split into three companies, each one headed by Madrid Barajas, Barcelona El Prat and Palma de Mallorca Son Sant Joan.Within the group of Madrid would be included Alicante, Ibiza, Fuerteventura, Tenerife North and Santiago airports. Barcelona would integrate Las Palmas, Arrecife, Sevilla, Mahon…

Aena to sell Aena Aeropuertos by 51% after buying Luton Airport Airports,Regulations

Today, we are translating this piece of news that eldiario.es published yesterday. We believe this may help to follow the current situation in the privatisation of Aena Aeropuertos: Sources from Aena have confirmed they are about to reach an agreement with Abertis in order to disinvest from twenty international airports that they own and manage through TBI. They intend to get rid of all but Luton Airport. All the shares from TBI—currently Abertis (90%) and Aena (10%)—would go to the public company, with the financial support from the insurance company AXA. Experts from the airport industry have assured that the acquisition of Luton by Aena…