No 488
Tuesday, 24th September, 2013
Tel: 96 673 0057
UP TO 85% OF SPANISH AIRPORTS LOSING MONEY
AENA have registered a decline of 4.6% in the number of passengers travelling through their airports in the first six months of the year, with 70.14 million passengers. The reduction has produced an accumulated debt of 166 million euros. We all know the story of Castell贸n airport which is currently costing 3,600 euros a
day to keep closed. It was reported last week that last week that the company currently running the site with no aircraft, Aerocas, spent 368,865 euros in 2011 on personnel costs , despite having just seven employees. In addition they also spent more than 5 million euros on advertising, promotion and public relations. So how many more similar cases are there amongst the fifty-two airports in Spain especially as there are more than 20 major towns or cities that have two, sometimes even three airports within a comfortable sixty minute drive
To put this into some sort of perspective, Spain is the European country with the most airports per head of population. With its 46 million people, 17 autonomous communities divided into 50 provinces, without counting Ceuta or Melilla, Spain has fifty-two airports. Germany, with almost twice the population, 81 million people, has just 19. A report written by the Foundation for Applied Economic Studies ( Fedea ) based on public data, states that only eight of the fortyseven airports managed by Continued on Page 2