Rajoy announces an 11% reduction of Aena’s rates until 2021

Aena Logo by Ricardo Ricote Rodríguez - Flickr

According to a publication in Cinco Días, the Prime Minister of Spain, Mariano Rajoy, has announced that tomorrow the Council of Ministers will approve the first document of airport regulation (DORA) for the 2017-2021 period which will include an 11% reduction of Aena’s rates until 2021.

 

This decision represents an average yearly reduction of 2.2% for the next five years, which goes beyond the reduction required by the National Competition Commission (CNMC), but is lower than the 2.59% requested by the airlines.

 

“The reduction for the whole period will be 11% and it aims to improve the competitiveness of Spanish airports and it will also contribute to maintaining the strength of our powerful tourism sector, a sector that generates 11% of the GDP and 13% of employment”, the president said in a conference organized by Deloitt.

 

Photo: Aena Logo by Ricardo Ricote Rodríguez – Flickr

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