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Tag Archives: Balearics

The Minister confirms they are freezing charges in 2015 Charges,Regulations

New Barcelona airport terminal

We informed yesterday that Aena would soften their charge increases or even freeze them despite the agreement reached in 2013. Today, the Spanish Minister of Development has announced the charges will be definitely frozen in 2015.Thus, Aena published this morning a press release which we have translated as follows: Pastor announces the airport charges will be frozen for 2015 and extends the incentives   Proposes a cero increase instead of the expected 4.5% The savings achieved thanks to the cost reduction plan in the last two years, together with the traffic increase make this possible Aena forgoes income by 151 million Euros…

Profitable airports dropped to eight in 2012 Airports

Palma de Mallorca one of the profitable airports / shutterstock

Despite the efforts to reduce costs and increase revenues, in 2012 the number of profitable airports dropped from eleven to eight.Thus, the only profitable airports where Bilbao, Ibiza, Lanzarote, Valencia, Tenerife South, Seville, Barcelona and Palma de Mallorca. The latter two made a 73 million Euro profit each.Alicante, Valencia and Fuerteventura entered into losses in 2012, to join a list where Madrid, Málaga, Santiago de Compostela and La Palma are emphasised.Aena, chaired by José Manuel Vargas, expect an EBITDA of 1,600 million Euros at the end of this year. Traffic has dropped in the Spanish airports by 4.4% up to October, but the foreign passenger growth might help to improve figures at the end of the year. In the…

New meteorological service charge and other amendments in the Aena fees Charges,FC Tools,Regulations

Landing and TakeOff - meteorological service charge / Fotolia

The Government confirmed the final CPI for October at -0.1 and hence, the airport charges will increase by 0.9% with effect from 1 March 2014 as explained previously in this blog.While we are waiting for further detail on the subsidies that we had anticipated, the following changes have been introduced with regard to the airport charges in the Spanish airports. They are all included in the text sent by the Congress of Deputies to the Senate. This text will have to be confirmed and published in the Spanish Official Gazette (BOE).Meteorological servicesAirlines shall pay a meteorological service charge. This will be applicable to every flight which,…

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…

Foreign tourism anticipates a record year Airports

Despite the bad start of the year and the poor expectations based on flight bookings, the beginning of the high season (July to September) anticipates a record year in hotel occupancy and income thanks to the foreign tourism.A key for this change to happen is the strength of our three big source markets (the United Kingdom, Germany and France) which bring 55% of the foreign tourism. The first data handled by entrepreneurs indicate unprecedented occupancy rates since the start of the financial crisis. The expected rates would be over 80% in August in five out of the 6 major touristic regions…

Traffic evolution in the Spanish Airports Airports,FC Tools

Traffic evolution

Balearic Islands:Palma airport: As explained by Aena it has reached the highest amount of passengers for a month of Jun in its history: 2,956,506 people. This means an increase by 1.3% with regard to June 2012.As for January-June 2013, Palma has increased passengers by 0.8% reaching the amount of 9,284,504.It is worth mentioning the increase of traffic from the Russian Federation (26%), from Sweden (10.9%), from Norway (8.4%), from the UK (5.9%) and from Germany (8.3%).Ibiza airport: Aena informed that has also reached historic figures for the month of June, with 852,031 people. This supposes an increase by 6.8% against June 2012.January-June 2013 confirm an increase…

Clarification on the airport fees in the Canaries Charges,Regulations

Please see below our translation from the press release published by Aena yesterday to clarify some doubts on the airport fees in the Canaries: Due to the amount of confusing information published in the media, which has led in some cases to wrong interpretations, Aena would like to clarify the following: The bonus applied to the passengers connecting flights affects to all the Spanish airports, including the Canary ones. This bonus will be increased gradually from the current 20%, becoming 30% in 2014, 35% in 2015 and 40% in 2016 and following.  This bonus has nothing to do with the…

Aena will apply a bonus on the Palma Airport rates Airports,Charges

percentil

The AENA’s General Manager, Mr. Javier Marín, has announced they will progressively apply a bonus of up to 40% on airport rates in Palma during the winter months by an agreement signed with the Mayor of Palma de Mallorca under the frame of Fundación Turismo Palma de Mallorca 365, with the intention of bringing down the seasonality of this airport.During the act, Mr. Marin has highlighted the passenger’s inflow by 65% in summer compared to 35% in winter. Thus, Baleares is the only area that may benefit from this measure. According to Preferente.com, he defended the non application in the Canaries because the…

Palma will negotiate new routes with twenty airlines Airlines,Airports

The Palma de Mallorca Tourism 365 Foundation, the entity responsible for promoting the Balearic capital, is going to hold conversations with up to 20 airlines that connect the Island with its main markets (Germany, UK, Scandinavian countries and, although even with low volume, Russia), with the intention of opening new routes out of high season, and informing of the available resources that could be attractive to customers in low season.There is already a Air Rout Development at Palma Airport, formed by the City Council, Aena, the Balearic Government, the Government Delegation Office, the Mallorca’s Consell and the Chamber of Commerce…

F factor to increase by 50% Charges,FC Tools,Regulations

The Governments’ party has proposed in the Congress an amendment to the “Ley de Seguridad Aérea de 2003” in order to replace the current F Factor (0.38 €) associated to the Security Tax, by a new rate to support the activities of supervision and inspection services performed by AESA.This new rate will be of € 0.58 per departing passenger from any Spanish Airport, and it will be reduced by the 15% on flights from Canary Islands, Balearic Islands, Ceuta and Melilla to peninsular airports, and by 70% on Inter-Island flights.The entry into force of the new rate will occur within…