Author Topic: Travel agencies and Airlines demand 3% reduction from AENA  (Read 1284 times)

Offline fifi

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Travel agencies and Airlines demand 3% reduction from AENA
« on: December 17, 2016, 18:53:38 pm »
Hoping that cheaper fares might be on the horizon. :)

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Travel agencies and airlines face joint action against Aena

Intermediaries join airlines to demand a 3% reduction in airport charges

The Business Federation of Regional Associations of Spanish Travel Agencies (Fetave) has asked the Government of Spain a decrease of 3% annually for the next five years in airport charges of Aena  through letters to the ministers of Development and Tourism . In a note, the group says that this decision is "crucial and strategic" to favor tourism as the main industry of the Spanish economy while maintaining "a high profitability" for the semi-public manager.

The drop in demand of 3% per year for the next five years would benefit the Spanish economy as a whole because of the greater competitiveness of Spanish airports, while the state revenues would benefit via higher tax revenues and lower unemployment costs By that greater activity. In addition, they argue that it "would not have a significant impact on either sustainability or the high level of positive results of Aena's economic activity."

Fetave notes that during the past five years, the average increase rate has been over 50% and by 100% in the case of the airports in Madrid and Barcelona ; To which must be added the increase of more than 30% in the number of passengers who have used Spanish airports.

Aena has experienced during the last five years, "an exponential growth of its benefits and is today, one of the managers of the airports of Europe of greater profitability". Maintaining their rates, they conclude, would only be aimed at raising the economic benefit of its shareholders, with its majority shareholder being the Spanish state itself.