News > Spain to privatise 30 percent of airport management authority

28th May 2008


Spain plans to privatise about 30 percent of national airport management authority AENA, the world's largest airport group by passenger traffic, Public Works Minister Magdalena Alvarez said Friday.

 

A new state body will be set up to manage the nation's airports, which will be 100 percent held by AENA. About 30 percent of it will then be sold to the private sector, she told a news conference after a weekly cabient meeting.

The regional governments of Madrid and Barcelona will be allowed to have a role in the management of their two airports, which are Spain's busiest, she added.

AENA manages 47 airports and one heliport in Spain and moved 210 million passengers last year, it said on its web site. It directly employs 12,000 people.

Its international unit, AENA Internacional, manages 16 airports in Mexico, Colombia and Cuba.

Alvarez said AENA is worth 30 billion euros.
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