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Regulatory framework on airport subventions Regulations

consultation

Tomorrow, the European Commission is approving a new regulatory framework on public subventions to airports and airlines. Some countries might be affected, considering that most of their regional airports would have to close. This would be a plus point for the Spanish net usefulness, where the non profitable airports are protected without the need of direct airport subventions from the State.The new rules may change the map of the European aviation industry where the influence of the low cost airlines is significant. Also, the clarification of these rules would facilitate the interest from investors in the Aena’s eventual privatisation. Moreover, it should…

The Government to create a regulatory framework for the Aena privatisation Airports,Charges,Regulations

Ana Pastor in Nov 2007 by Partido Popular de Cataluña / Wikimedia Commons

The minister of Fomento, Ana Pastor, announced they are working on a regulatory framework for the Aena privatisation which guarantees the public interest of the Spanish airport net before its privatisation. This regulatory framework should have been developed by the end of the current year.However she said that the privatisation will start “only when the Government is ready and the appropriate market conditions are detected”.Pastor explained that the new regulatory framework “will set the maximum quality and service levels, as well as schemes for revenues and investments”. Also, the maximum charges would be regulated, considering that a big concern of…

Aena would sacrifice the secondary airports to revive Madrid Airports,Regulations

Madrid airport Terminal 4 / shutterstock

The subsidies Aena is preparing with the aim of reducing the traffic loss at the main airports lead the Industry to conclude that there has been a change of strategies.Although in a different timeline, Brussels is working to strike down the practice of financing the loss making flights.This new system will penalise the secondary airports and boost the bigger ones, especially Madrid airport, as the airlines are supposed to concentrate more flights in fewer airports.This way Aena might be trying to balance a budget shortfall and the need to find a solution to the traffic loss from the main airports which are…

More difficulties for Iberia if the Government bring Norwegian to T4 Airlines,Airports

Norwegian aircraft by Markus Mainka / shutterstock.com

Conflict of interest between the Aena privatisation and the Iberia’s growth plans.Going on with the negotiations of Aena with Norwegian and considering that the Madrid Airport Terminal 4 (T4) is currently dedicated to the Oneworld airline alliance, it might be a new problem for Iberia if the low cost airline based their operation at this terminal too.The Iberia’s board recently said that the short and medium haul became a problem for the airline. The arrival of Norwegian to T4 in Madrid airport, which under-utilisation is a great concern for the Government, would contribute to worsen the situation of the Spanish airline.Industry sources…

Airlines request consensus before the Aena privatisation Regulations

TUI aircraft in Lanzarote airport / Fotolia

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…

The Government is now open to privatise Aena by 60% Airports

In spite of the fact that Aena intended to keep 51% of the company after its partial privatisation, Hispanidad informed on Friday that this approach would have been refused by the market and hence the Ministry is forced to lose control over AenaFor their part, Aena would not accept the proposal made by some companies like Abertis for selling the Barcelona and Madrid airport management: “Territorial solidarity cannot be broken, the safety of the net must be kept”.For these reasons, the Ministry’s current plan is to privatise Aena by 60% which, according to the Aena’s calculations is estimated at 10,800 million Euros. The…

Aena to apply subsidies of 50% for all Spanish Airports in 2014 Charges,Regulations

In spite of the fact that the State Secretary for Infrastructure did not rule out tax reductions for Madrid airport, the Ministry of Development is preparing a subvention plan for airlines which increase traffic in Spain by the application of discounts to airport charges that will range between 25% and 50%. Thus, Aena to apply subsidies in 2014 too.The measure, which means the biggest incentive within the European air transport market, shall be adopted due to an amendment from the party in the Government to the State Budget Law, which is currently in the parliamentary procedure.The final detail of incentives is…

Restructuring process in Aena Regulations

Restructuring process in Aena: As many of you already know, Aena is currently facing an ongoing process of institutional restructuring. On the one hand, they are working on the privatisation of Aena Aeropuertos as we have been informing in this blog and, on the other hand, they are working for the slot coordination office to become independent from the airport owner which is in fact Aena Aeropuertos. To this respect, you may find interesting what Aena published in their web site (in English). So a Royal Decree is expected with the confirmation of the changes in the slot coordination office. In addition, according to Nexotur.com, the…

Handling licenses in Spain Handling

In continuation with the tender for the handling licenses in Spain, please see below the following two pieces of news which might be of your interest:Menzies aims to become one of the 3 main handling operators in SpainEuropa Press informs that Menzies will place bids to become one of the three main handling operators in Spain.They aim to get the ramp handling licences for, at least, one of the 3 groups in which the 24 smaller airports have been spread. Each group would have an overall passenger volume by 3 million and they will be the first invitation to tender. Afterwards, there…

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…