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Vueling shares no longer listed Standard

Vueling shares are no longer listed on the stock exchange According to the information found in lainformacion.com Vueling shares are no longer listed on the stock exchange since the 9th of August once the takeover bid by Veloz Holdco has been settled. Veloz Holdco is a subsidiary of IAG, which is the resulting company from the merger of Iberia and British Airways. IAG is supposed to hold Vueling shares by 97.52%    

Higher fees expected if Fomento privatize AENA Standard

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…

Fomento fixes the increases of Airport charges for the next five years Standard

  • By – 8 August, 2013
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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.  

New Air Security fee: F factor Standard

As we had already anticipated here, the “Ley de Seguridad Aerea” has been finally modified by the Government and consequently the F Factor fee currently for 0.38€, has been replaced by a new one named “Tasa de Seguridad Aérea” of 0.579885€ per departing passenger, as it was published on the Official Gazette BOE on 5th July 2013.The new tax will be effective on 5th October 2013 and it won’t be charged to those passengers who had acquired their ticket in a date prior to the entry into force of the fee, regardless of the flight date.It is also confirmed that the…

Swissport Spain calls for an indefinite time strike Standard

According to the media, Swissport Spain calls for an indefinite time strike after lack of agreement with Swissport Spain. This strike would be as from 10th August and according to the media would affect to Barcelona, Jerez, Almería, Alicante, Málaga, Fuerteventura, Valencia and Madrid cargo terminal with specific calendars, so we suggest contacting your local staff or agents for further clarify.According to the media, Unions say that Swissport is not complying with the agreed CPI increase and the agreed shifts system. On the other hand, media explain how Swissport Handling (which serves Madrid and Lanzarote airports) reached an agreement with UGT and USO Unions but not with CCOO (the other main union). Source: http://www.finanzas.com/  

Ryanair and Easyjet lost passengers in Spain last June Standard

According to the media, both Ryanair and Easyjet lost passengers in Spain last June. If we compare June 2012 with June 2013, Ryanair has lost a 10% and Easyjet a 15%. On the other hand Vueling Airlines has increased passengers by 17% in the same period and they moved a 33% more than the total passenguers Iberia Airlines and Iberia Express moved, which in fact was a 26% less than last June 2012.Other airlines with huge passenger increases in June were: Air Europa (+11.8%), Lufthansa (+10%), Jet2.com(+19%) and Air Berlin (+9%)In spite of their decrease, Ryanair was the airline with more passengers in Spain (3.3 million), followed byVueling Airlines (2.3 million), Iberia Airlines and Iberia Express (1.7 million), Air Europa (1.2 million), Easyjetand Air Berlin (1.1 milion each of them).

Aena to sell Aena Aeropuertos by 51% after buying Luton Airport Standard

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…

Alicante-Elche is now the official name for the airport Standard

Alicante-Elche Airport / Wikimedia Commons

As we had already anticipated, Alicante has now officially changed names to become Alicante-Elche.This became official as soon as it was published in the Spanish Official Gazette on the 12th of July. For further information you can download the document here.If you check the link to Wikipedia from our airport data base, you will notice the information there is already updated. However, they are keeping “Alicante Airport” as the name despite referring to the airport as Alicante-Elche in the body of the definition. Our Airport Name Policy requires the same name as the one displayed in Wikipedia and that is why we are keeping ”Alicante Airport” in…

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

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% Standard

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…